Standard Chartered has initiated coverage of Chainlink with a price target of $200 by the end of 2030, implying a roughly 25-fold gain from around $8 today and outperformance of both Bitcoin and Ethereum over the period. The same note pencils in Bitcoin at $500,000 and Ethereum at $40,000 by end-2030. The note puts its total value secured above $110 billion, covering roughly 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum. Decrypt reported in May that KelpDAO blamed LayerZero for that exploit and planned to rebuild on Chainlink, a characterization LayerZero disputes. Chainlink's response has been more muted, with LINK currently trading at $8.25, down 0.8% on the day, per CoinGecko data.