Uniswap whale activity reaches 7-month high after Standard Chartered’s $100 price target
A major bank just told the world UNI could 40x, and on-chain data suggests big wallets are listening
Uniswap whale activity surged after Standard Chartered published one of the most aggressive long term forecasts yet for a major DeFi token.
Whale transactions involving UNI climbed to their highest level in seven months, while active addresses reached a four month high, according to Santiment.
The activity followed Standard Chartered’s June 15 initiation of coverage on UNI with a $100 price target by the end of 2030. UNI rallied about 24% during the move before giving back part of the gain.
The bank’s global head of digital assets research, Geoff Kendrick, laid out a staged forecast for the token. Standard Chartered expects UNI to reach $6.50 by the end of 2026, $20 in 2027, $40 in 2028, $65 in 2029, and $100 in 2030.
UNI was trading near $2.50 when the report was published, making the final target equivalent to roughly a 40 fold increase.
The thesis is built around tokenized real world assets moving into decentralized finance. Standard Chartered expects tokenized assets to reach $4 trillion by the end of 2028 and sees a growing share of those assets becoming active inside DeFi protocols.
Uniswap would be one of the main beneficiaries if that liquidity moves through open blockchain markets. The protocol remains one of the largest decentralized exchanges and has processed trillions of dollars in cumulative trading volume.