Standard Chartered Forecasts Uniswap Token to Reach $100 by 2030

Standard Chartered has published a note stating that Uniswap's UNI token could rise 40-fold by 2030, reaching $100 from its current price of around $2.50.

The forecast is part of the bank's initiation of coverage on Uniswap, the largest decentralized exchange.

Standard Chartered estimates that the amount of assets locked in DeFi could reach $2.7 trillion by 2030, up from its current level of around $73 billion, representing a 37-fold increase.