Uniswap's Tokenized Assets Forecast to Rise 37-Fold by 2030
Standard Chartered forecasts that the value of tokenized assets in decentralized finance (DeFi) could increase 37-fold by 2030, reaching $2.7 trillion.
This growth is expected to be driven by the increasing adoption of on-chain trading infrastructure, which will enable more real-world assets, stablecoins, and crypto-native assets to move deeper into DeFi.
As a result, Uniswap's UNI token could rise 40-fold to $100 by end-2030 from its current price of around $2.50, according to the bank's research note.
Standard Chartered's head of digital assets research, Geoffrey Kendrick, said that the amount of assets locked in DeFi could reach $2.7 trillion by 2030, up 37 times from current levels.
The bank also expects the share of tokenized assets active in DeFi to rise to 30% by end-2030 from 3.5% currently, driven by the growth of crypto-native assets on-chain and the increasing adoption of Ethereum (ETH) as a platform for DeFi protocols.
Uniswap is positioned to benefit from this growth due to its role as an all-purpose infrastructure layer for decentralized trading, according to Standard Chartered. The bank cited three factors supporting its view: Uniswap's infrastructure role, its longevity and brand recognition, and its dominance in highly correlated pair trading.
Standard Chartered initiated coverage of Uniswap with a $100 price forecast for UNI by end-2030, implying a 40-fold increase from the current price. This would allow UNI to outperform both Bitcoin and Ethereum through the end of the decade.