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Standard Chartered predicts SKY token will quintuple by 2028, outperforming Bitcoin with expanded USDS use.

Analyst Insights
12 Sep 2026
Bitcoin
View Source
Bullish
Standard Chartered predicts SKY token will quintuple by 2028, outperforming Bitcoin with expanded USDS use.

Standard Chartered forecasts the SKY token price to rise from $0.065 to $0.325 by the end of 2028, a fivefold increase driven by growth in the USDS stablecoin supply, agent borrowing, staking rewards, and token buybacks. The bank highlights SKY's unique position as a 'federal bank' model that issues stablecoins and governs lending protocols, with $5.9 billion borrowed by agents since 2024. SKY holders benefit from staking rewards and buybacks that reduce circulating supply, supporting price growth. The main risk is slower growth in yield-bearing stablecoins, but Standard Chartered expects SKY to outperform Bitcoin and keep pace with Ethereum through 2028.

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