Standard Chartered Sees Higher Value for Uniswap's UNI Token
Standard Chartered's digital assets research head Geoff Kendrick has expressed optimism about Uniswap's UNI token, stating that its $100 price target by 2030 may be too low. This prediction follows the UNIfication upgrade in late 2025, which reduced UNI's supply by over 10% and introduced an automated buy-and-burn mechanism fueled by trading fees.
With Uniswap integrated as the default liquidity layer on Robinhood Chain, a popular Ethereum Layer 2 network, fee-driven token burns have surged, accelerating UNI's supply reduction. Proposals to expand fee structures and burn sources within Uniswap's ecosystem could further boost this deflationary trend.
Kendrick's revised price target suggests that the value of UNI may increase beyond initial expectations. This development is likely to be closely watched by investors and traders in the crypto market.