Standard Chartered Forecasts Sky Token Rising Fivefold to $0.325 by 2028
Standard Chartered has initiated coverage of Sky, projecting the SKY token will rise fivefold to Standard Chartered forecasts SKY rising fivefold to $0.325 by 2028.
by the end of 2028, according to Cointelegraph and The Block.
The bank’s analyst Geoff Kendrick called Sky “DeFi’s federal bank” and tied the forecast to continued growth in USDS supply and borrowing capacity, according to The Defiant.
Cointelegraph reported that the bank expects Sky to pass five times as much value to token holders by 2028 as USDS adoption expands, while The Block confirmed the same price target and framing in its coverage of the bank’s initiation report.
Sources: Cointelegraph, The Defiant, The Block
This article is for information only and is not financial advice.
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