Standard Chartered initiates coverage of Sky with $0.325 target by 2028
- —SKY target price is $0.325 by the end of 2028, 5 times the current price
- —USDS grew 74% in 2025 to $9.2 billion, sUSDS to $5.5 billion
- —Sky agents borrowed $5.9 billion of the $17.5 billion limit (34%)
- —Protocol revenue in 2025 was $338 million, with a 2026 forecast of $611.5 million
Why it matters: A major bank's valuation sets an institutional benchmark for DeFi tokens with cash flow, but growth depends on the agents' limits being filled.
Source: 動區 BlockTempo