Standard Chartered predicts that the Uniswap token UNI could rise to $100 by 2030

Standard Chartered Bank has initiated coverage of the decentralized trading protocol Uniswap, predicting that its UNI token could rise from the current approximately $2.7 to $100 by the end of 2030, representing an increase of nearly 40 times. Geoffrey Kendrick, the global head of digital asset research at Standard Chartered, stated that the next wave of wealth opportunities in the digital asset space may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will significantly increase, thereby enhancing the trading asset base and fee potential of protocols like Uniswap.

Standard Chartered expects that the scale of on-chain tokenized assets will grow from the current approximately $340 billion to $4 trillion by the end of 2028; of which the proportion entering DeFi will rise from the current approximately 3.5% to 30% by the end of 2030. Coupled with the growth of crypto-native assets, the locked assets in DeFi could reach approximately $2.7 trillion, an increase of about 37 times from the current level. Kendrick believes that if Uniswap can successfully commercialize and establish sufficiently scaled partnerships with traditional financial institutions, the valuation multiple between its market capitalization and trading fees is expected to increase, narrowing the gap with centralized trading platforms like Coinbase.

Standard Chartered's projected price path for UNI is: $6.5 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 it is expected that UNI's performance during this period may outperform ETH and BTC.