UNI Surges 19.8% to $3.70 as Standard Chartered Sets $100 Target by 2030

According to Standard Chartered analysis, Uniswap's governance token UNI surged 19.8% over the past 24 hours to a local high of $3.70, outpacing Bitcoin and Ethereum. The rally followed a research note Monday by Geoff Kendrick, Standard Chartered's global head of digital assets, who set a $100 price target for UNI by 2030—a near-40x gain—plus a $6.50 target by year-end. The bank projects decentralized finance to hold $2.7 trillion in assets by 2030, potentially providing Uniswap pools significantly more trading volume.

Uniswap went live with tokenized stocks including SpaceX, Apple, Tesla, and NVIDIA on June 12, making them tradable across its app, wallet, and API. The launch came as $9.1 billion had already been swapped in real-world-asset pools ahead of the tokenized securities' debut, signaling institutional interest in on-chain trading infrastructure.