Standard Chartered predicts a massive rally in decentralized lending protocol Sky’s crypto token SKY. The bank expects broader adoption of Sky’s USDS stablecoin and growth in onchain lending amid strong demand from traditional finance (tradFi).
SKY Crypto to Reach $0.325 by 2028, Standard Chartered Forecasts
Standard Chartered predicts SKY crypto token will rally to $0.325 by 2028 agents borrowing USDS and deploying it into yield strategies. The value rise is expected to come mainly from staking rewards, with token buybacks playing a smaller role.
Geoff Kendrick, global head of digital assets research at Standard Chartered, expected growth in Sky’s USDS stablecoin, growing onchain lending, and more value flowing to…
