UNI Surges 20% After Standard Chartered Sets $100 Target by 2030
UNI, the governance token of Uniswap, surged over 19% in 24 hours to $3.63, outperforming Bitcoin and Ethereum. The rally was driven by a Standard Chartered research note projecting a near-40x rise to $100 by 2030, citing Uniswap's potential as institutional market infrastructure amid rising tokenized assets. The note also set a $6.50 year-end target. Additional catalysts include Uniswap's launch of tokenized stocks (SpaceX, Apple, Tesla, NVIDIA) on June 12 and record $125 billion monthly trading volume in October 2025. Analysts highlight the 'UNIfication' fee switch that burns ~1% of supply annually, reducing total supply to 895 million. Despite the surge, UNI remains near multi-year lows, far below its ATH of $44.92. Risks include niche competitors and regulatory standardization challenges.
Key facts
- UNI surged 19.8% in 24 hours to $3.63, market cap $2.26B.
- Standard Chartered sets UNI target $100 by 2030, $6.50 year-end.
- Uniswap launched tokenized stocks (SpaceX, Apple, Tesla, NVIDIA) on June 12.
- Uniswap recorded $125B monthly trading volume in October 2025.
- UNI remains 92% below ATH of $44.92 from May 2021.