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Standard Chartered Bank: UNI Price Could Reach $100 by 2030
Svmuu News: Geoff Kendrick, Global Head of Digital Assets at Standard Chartered Bank, stated in a report on Monday that as Wall Street shifts traditional investments onto the blockchain, the price of Uniswap’s native token, UNI, is expected to reach $100 by 2030. Geoff Kendrick noted that for traditional financial institutions, Uniswap should be viewed more as an integrable market infrastructure.The platform’s fee conversion mechanism, activated in late 2025, has enhanced the token’s scarcity; UNI’s total supply has now dropped from 1 billion to approximately 895 million, with an annualized burn rate of about 1%.Additionally, in February of this year, BlackRock announced that its tokenized money market fund, BUIDL, would be offered via UniswapX. Sources revealed that BlackRock planned to purchase UNI tokens at that time. Geoff Kendrick expects the price of UNI to reach $6.50 by the end of this year. (decrypt)
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