Standard Chartered: SKY could rise 5x by end-2028
- —SKY price targets: $0.080 in 2026, $0.180 in 2027, $0.325 in 2028
- —SKY currently trades around $0.06, with a market cap of $1.4 billion
- —USDS ranks third among stablecoins with $6.66 billion
- —Since February 2025, Sky has bought back $120 million worth of SKY
Why it matters: The forecast from a major bank could draw attention to yield-bearing stablecoins and the SKY token, but growth depends on increased USDS issuance.
Source: Digital Today