Standard Chartered has issued a long-term price forecast for the Uniswap governance token UNI, saying it could reach $100 by 2030. The prediction rests on the bank's thesis that real-world assets will increasingly move onto blockchain networks, driving demand for decentralized trading infrastructure.
The $100 target
The forecast, published by Standard Chartered's digital assets research team, sets a price objective of $100 per UNI by the end of the decade. That would represent a roughly tenfold increase from current levels around $10. The bank sees the token benefiting from the growth of on-chain trading, especially as traditional assets like bonds, real estate, and commodities become tokenized.
Real-world assets as the engine
Standard Chartered's reasoning hinges on the idea that real-world assets — physical or financial assets represented on a blockchain — will drive the next wave of decentralized finance adoption. As these assets come on-chain, Uniswap's automated market maker model could capture a significant share of trading volume. The bank argues that this shift will create sustained demand for UNI, which gives holders governance rights and a claim on protocol fees.
Uniswap is already the largest decentralized exchange by trading volume, handling billions of dollars in swaps each month. But its current revenue model relies heavily on volatile cryptocurrency pairs. If the RWA thesis plays out, Uniswap could become a key venue for trading tokenized stocks, bonds, and other regulated assets. That would broaden its user base beyond crypto-native traders and potentially attract institutional liquidity.
The forecast does not specify which real-world assets Standard Chartered expects to move on-chain first. The bank is itself active in tokenization projects, including a partnership to issue tokenized bonds on public blockchains. Those efforts could provide early validation of the trend Uniswap would eventually serve.
Whether UNI reaches $100 will depend on how quickly regulators, issuers, and traders embrace tokenized assets. The 2030 timeline leaves room for adoption to accelerate — or to stall — as the technology matures.
