Standard Chartered: Uniswap's UNI token could rise to $100 by 2030
Svmuu News: Standard Chartered Bank has initiated coverage of the decentralized exchange protocol Uniswap and predicts that its UNI token could rise from its current price of approximately $2.70 to $100 by the end of 2030—a nearly 40-fold increase. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that the next wave of wealth opportunities in the digital asset sector may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will grow significantly, thereby expanding the asset base and fee potential for protocols like Uniswap. Standard Chartered forecasts that the value of on-chain tokenized assets will grow from the current level of approximately $340 billion to $4 trillion by the end of 2028; of this, the proportion entering DeFi is expected to rise from the current 3.5% to 30% by the end of 2030.Combined with the growth of crypto-native assets, total assets locked in DeFi could reach approximately $2.7 trillion, representing a roughly 37-fold increase from current levels. Kendrick believes that if Uniswap can successfully commercialize its platform and establish partnerships with traditional financial institutions on a sufficient scale, the valuation multiple between its market capitalization and transaction fees is expected to increase, narrowing the gap with centralized exchanges such as Coinbase. Standard Chartered’s projected price path for UNI is as follows: $6.50 by the end of 2026,$20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030, and expects UNI to potentially outperform ETH and BTC during this period.
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Source:Odaily · Source Link
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