Standard Chartered puts $SKY under the microscope
The bank begins coverage of SKY targeting $0.325 by the end of 2028—around 5 times the level the valuation was built on, with a key bet on the expansion of USDS usage and growth of the Sky ecosystem.
What’s striking here is that the story is not just a token price rise; it’s a bet on the expansion of Sky’s financial infrastructure and the use of USDS, which is the system’s core stablecoin.
Could $SKY become one of the most prominent DeFi plays by 2028?
#sky #USDS #DeFi #crypto
The bank begins coverage of SKY targeting $0.325 by the end of 2028—around 5 times the level the valuation was built on, with a key bet on the expansion of USDS usage and growth of the Sky ecosystem.
What’s striking here is that the story is not just a token price rise; it’s a bet on the expansion of Sky’s financial infrastructure and the use of USDS, which is the system’s core stablecoin.
Could $SKY become one of the most prominent DeFi plays by 2028?
#sky #USDS #DeFi #crypto
