Standard Chartered Sees UNI Price Surpassing $100 by 2030 Amid Token Burn Surge

Standard Chartered's digital asset research team has upgraded its long-term price forecast for Uniswap's native token, UNI. According to Geoffrey Kendrick, head of digital asset research at Standard Chartered, the recent surge in token burns tied to a new fee-sharing arrangement with Robinhood could push the price past $100 by 2030.

The partnership between Uniswap and Robinhood has delivered stronger results than expected, with the volume of UNI tokens burned nearly doubling after the deal went live on July 27. The annualized burn rate now stands at $90 million based on current prices, which translates to roughly 25 million UNI tokens removed from circulation each year.

This supply reduction could put meaningful upward pressure on the token's price if demand holds steady or grows. However, Standard Chartered cautioned that sustaining the current burn rate over an extended period may be difficult. Kendrick noted that even if UNI climbs to the bank's year-end 2026 target of $6.50, the annualized burn rate would settle around 2.2%.

Kendrick also pointed to the potential for additional partnerships similar to the Robinhood deal. If usage and token burning continue to expand, he suggested that even the $100 target for 2030 might need to be revised upward.