UNI price prediction: Can Standard Chartered’s $100 target fuel Uniswap’s 40x rally?
Some analysts casted doubt on UNI's potential to rival Coinbase's COIN, BTC and ETH in investor returns
Standard Chartered Bank has begun covering the DeFi platform Uniswap, projecting that its token, UNI, could “rise 40x to $100 by end-2030.”
In a letter to clients on Monday, the 15th of June, Geoff Kendrick, Global Head of Digital Assets Research, said the tokenization boom was one of the major potential catalysts for UNI.
We expect the value of tokenized assets active in DeFi to grow 37x between now and end-2030. Uniswap is uniquely positioned to scale to meet this opportunity, in our view.
According to Kendrick, $2.7 trillion will be locked in DeFi protocols in the next four years. For him, Uniswap’s recognizable brand, all-purpose infrastructure layer, and security could be additional catalysts.
The bank projected that Uniswap could rival Coinbase based on its current lower multiple (market cap to annualized fees ratio).
Similarly, Kendrick expected UNI to outperform Bitcoin and Ethereum in the next four years if the protocol makes more tradFi partnerships.
Mixed reactions to bold UNI price prediction
Worth pointing out that Uniswap has already begun partnering with traditional firms in the tokenized assets race. In early 2026, BlackRock and Fidelity expanded to the protocol to scale their respective tokenized money market funds.
On his part, Uniswap CEO Hayden Adams called Standard Chartered’s projection a ‘great’ piece.
However, other analysts disagreed with the outlook. Notably, Omar Kanji, investor at crypto-focused venture firm Dragonfly, said,
Straight-up chart crime from Standard Chartered. Including $UNI LP fees in annualized fees and then saying it trades at a ‘lower multiple’ than $COIN is some serious slop analysis.
Others questioned what Uniswap has done in the past few years. But perhaps the most key update is switching on the protocol’s fee to burn UNI tokens last year. The protocol burned 100M UNI or 10% of the supply after the update.
The protocol currently generates $858M per year in fees, and a portion of it goes to UNI buybacks.
As of writing, a total of 106.15M UNI has been burned since late December. Excluding the initial 100M UNI burn, this implied that about 1M UNI has burned on average per month in 2026.
UNI pumps 18% on Standard Chartered’s update
That said, UNI pumped 18% on the update and tagged $3. This effectively erased all the June losses as of writing.
If bulls turn $3 into support, the next upside UNI targets would be $3.6 and $4. However, a price rejection at $3 could embolden short sellers to drag it lower to $2.6 or $2.4.
Overall, the Standard Chartered coverage helped UNI reverse this month’s losses, but the $3 level was the immediate roadblock for short-term UNI bulls.
Final Summary
- Standard Chartered has gone bullish on UNI, expects tokenization boom to rally it to $100 by 2030.
- The protocol has burned a total of 106M UNI tokens, which could help boost its value in the long run.
