BlockBeats News, June 16th, Standard Chartered Bank's research report covered Uniswap for the first time and predicted that its UNI token could increase 40x from the current price of approximately $2.70 to $100 by the end of 2030. Standard Chartered believes that the active value of tokenized assets in DeFi will grow significantly from the current $340 billion to $27 trillion by 2030, a 37x increase. Uniswap, as a decentralized trading protocol, will benefit from this growth as the scale of its liquidity pools for trading assets expands accordingly.
Standard Chartered's Head of Digital Asset Research, Geoffrey Kendrick, stated that DeFi protocols will be the next wave of digital asset intergenerational wealth opportunities and expects UNI to outperform Ethereum and Bitcoin during the same period. Kendrick likened Uniswap to YouTube (an open platform where users provide liquidity), while comparing Coinbase to Netflix (centralized operation). Uniswap has lower capital requirements, which give it an advantage in trading stablecoins, stETH, and similar assets, as well as listing niche tokens.
