Standard Chartered Puts Bullish Stamp on Uniswap's UNI Token

Uniswap's UNI token surged by approximately 40% over the past week following Standard Chartered Bank's decision to initiate coverage of the token with a $100 price target by the end of 2030.

The bank's Global Head of Digital Assets Research, Geoffrey Kendrick, outlined a year-by-year roadmap in his June 15 report:

UNI is expected to reach $6.50 by the end of 2026, $20 by 2027, $40 by 2028, $65 by 2029, and $100 by 2030.

This forecast implies a 40-fold increase from UNI's current price, which has climbed from around $2.35 on June 10 to above $3.5 by June 17.

Standard Chartered believes that tokenized real-world assets on-chain will grow from roughly $340 billion today to $4 trillion by the end of 2028, with DeFi participation jumping from 3.5% to 30% by the decade's close.