Standard Chartered has started covering Uniswap with a long-term price target of $100 by the end of 2030. The bank's analysts laid out a gradual climb: $6.50 in 2026, $20 in 2027, $40 in 2028, $65 in 2029, and finally triple digits. The projection hinges on the idea that decentralized exchanges will become major hubs for tokenized real-world assets — a market they expect to hit $4 trillion by 2028.
The price path
Standard Chartered's forecast isn't a short-term trading signal. The bank describes it as a long-term analyst projection, and the numbers reflect that. From the current level — Uniswap's token (UNI) trades well below $10 — the trajectory implies years of steady accumulation. The intermediate targets are spaced a year apart, each step assuming broader adoption of tokenized assets and deeper liquidity on Uniswap's platform.
The RWA bet
The bullish case rests on tokenized real-world assets — things like bonds, real estate, and commodities represented on a blockchain. Standard Chartered sees that market swelling to $4 trillion by 2028. If that happens, decentralized exchanges like Uniswap could be the go-to venues for trading these tokens. But the bank acknowledges this isn't a sure thing. Institutions might instead opt for permissioned trading platforms that offer more control over who trades and what gets listed.
The regulatory hurdles
Regulation is the biggest wild card. Uniswap, like many DeFi protocols, operates in a gray area. Securities laws, identity checks, and cross-border compliance all pose risks to its role in the RWA market. If regulators clamp down on decentralized exchanges — or force them to add know-your-customer checks — the platform's frictionless model could change. That would make it less attractive to the institutional players Standard Chartered is betting on.
The forecast was shared via a post on X by Frank Chaparro, written by the News Desk and edited by Samuel Rae. It's one bank's view, not a guarantee. The real test will be whether institutions actually choose decentralized venues for their tokenized assets — or stick with permissioned, regulated alternatives. That question won't be answered for years.
