TREE NEWS reports: Standard Chartered forecasts the Sky token will reach $0.325 by 2028, a fivefold increase from current levels, as USDS adoption and borrowing capacity continue to expand. The bank expects Sky to pass five times as much value to token holders by that year.
Standard Chartered Forecasts Sky Token Rising Fivefold to $0.325 by 2028
AI take
Standard Chartered's call hinges less on price than on the mechanics it cites: USDS adoption and borrowing capacity as the drivers of value passed to token holders. That framing treats the token as a claim on protocol cash flows rather than a speculative asset, which is a notable stance for a mainstream bank to take on a DeFi governance token. The open question is whether USDS adoption and borrowing demand compound as assumed, since both feed directly into the payout the forecast depends on.
Generated by AI for reference only.
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