# Standard Chartered digital asset market outlook

> Live situation record from CLSTR: https://clstr.news/situations/standard-chartered-digital-asset-market-outlook
> Updated: 2026-09-11T23:22:52.000Z. Sources: 5. Developments: 2.

Standard Chartered has issued several long-term digital asset forecasts and strategic updates. In August 2026, the bank reaffirmed its strategic partnership with Ripple, a relationship dating back to 2015, and identified “Ripple for payments” as a key component of its digital asset strategy. The bank’s crypto desk maintained a long-term price target of $28 for XRP by 2030.

By September 2026, the bank expanded its research to include the SKY governance token, projecting a fivefold increase to a price of $0.325 by 2028. Analysts described the Sky ecosystem as a “federal bank” due to its economic model. Additionally, the bank maintained bullish outlooks for major cryptocurrencies, projecting Bitcoin to reach $300,000 and Ethereum to reach $18,000 by the end of 2028.

## Timeline

### 2026-09-11: Standard Chartered forecasts 5x growth for SKY token by 2028

Standard Chartered predicts the SKY token could rise fivefold to $0.325 by 2028, driven by the growth of the Sky DeFi ecosystem and its USDS stablecoin.

5 sources. https://clstr.news/cluster/standard-chartered-forecasts-5x-growth-for-sky-token-by-2028

### 2026-08-18: Standard Chartered maintains strategic partnership and $28 XRP target

Standard Chartered continues its long-term strategic partnership with Ripple, maintaining a $28 XRP price target for 2030 as it integrates digital assets into its global payment strategy.

2 sources. https://clstr.news/cluster/standard-chartered-maintains-strategic-partnership-and-28-xrp-target

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Cite as: Standard Chartered digital asset market outlook. CLSTR, https://clstr.news/situations/standard-chartered-digital-asset-market-outlook