Wall Street Could Boost Uniswap's Token Price Nearly 40x by 2030: Standard Chartered
Standard Chartered’s Geoff Kendrick says UNI could rise nearly 40x to $100 by 2030 as Wall Street shifts tokenized assets on-chain. He views Uniswap less as a retail DEX and more as neutral market infrastructure that TradFi can integrate with as tokenization scales, comparing it to YouTube versus Coinbase as Netflix. The thesis depends on strong growth in DeFi and tokenized assets, with Standard Chartered projecting $2.7 trillion deposited or staked in DeFi by decade-end. That would greatly expand Uniswap trading volumes and, with the late-2025 “UNIfication” upgrade, increase token burns through higher protocol fees. Kendrick also noted UNI’s supply has already fallen to about 895 million from 1 trillion since fee activation, creating a supply squeeze. Risks include competition from niche DeFi rivals and regulatory constraints on tokenization. He expects UNI at $6.50 by year-end.
