Uniswap (UNI) Could Rise 30x By 2030, Standard Chartered Says

Uniswap’s native token UNI is trading at $2.93, 93% below the all-time high of $44 it set in May 2021. Standard Chartered, one of the world’s largest investment banks, thinks that changes by the end of the decade — the bank has put a $100 price target on UNI by 2030.

What Could Make Uniswap’s $100 Target A Reality

The bank’s thesis is built around one central idea: the migration of tokenized real-world assets (RWA) into decentralized finance (DeFi), a sector Uniswap leads. 

Tokenized real-world assets — think traditional financial instruments like bonds, equities, or real estate represented as digital tokens on a blockchain — are still a relatively small corner of the crypto market. 

Standard Chartered expects that to change dramatically. The bank forecasts the overall tokenized asset market will reach $4 trillion by the end of 2028, split evenly between $2 trillion in real-world assets and $2 trillion in stablecoins.

The more important figure for Uniswap, though, is how much of that market ends up in decentralized finance protocols. Geoff Kendrick, Standard Chartered’s Head of Digital Assets Research, estimates that roughly 3.5% of tokenized assets currently sit in DeFi protocols. By 2030, he expects that share to rise to 30%. 

The numbers behind Uniswap’s market position make the case. Over the past 30 days alone the protocol recorded approximately $43 billion in trading volume — a figure that reflects its status as the go-to venue for decentralized token swaps. 

If the tokenized asset market grows as Standard Chartered expects and trading continues to shift toward decentralized platforms, Uniswap’s fee revenue and token value would follow.

The Road Map Standard Chartered Is Following 

Kendrick mapped out a year-by-year path to the $100 target. He sees UNI reaching around $6.50 by the end of 2026, climbing to $20 in 2027, $40 in 2028, and $65 in 2029, before hitting $100 at the close of 2030. 

It is worth noting that this forecast comes from the same Standard Chartered research note that set a $3,500 price target on Aave (AAVE) and projected $500,000 for Bitcoin (BTC) and $40,000 for Ethereum (ETH) by the end of the decade — a sweeping set of calls underpinned by the same RWA growth thesis running through each one.

For now UNI remains deep in the red, a reflection of broader market weakness that has hit decentralized finance tokens particularly hard this year. 

Featured image generated with OpenArt.