Uniswap Jumps Double Digits as Customary Chartered Eyes $100 UNI by 2030 – Decrypt

UNI, the governance token of decentralized trade Uniswap, surged double digits over the previous 24 hours to an area excessive of $3.70, its highest degree in over a month.

At time of publication, Uniswap is buying and selling at $3.63, up 19.8% on the day and 48.4% over the week, per CoinGecko knowledge, outpacing Bitcoin and Ethereum. The transfer lifted Uniswap’s market cap to roughly $2.26 billion on 24-hour quantity close to $864 million, as institutional optimism swept the DeFi blue chip.

A lot of the catalyst traces to a Customary Chartered analysis observe revealed Monday by Geoff Kendrick, the financial institution’s world head of digital belongings, who set a $100 goal for UNI by 2030—a near-fortyfold acquire—plus a $6.50 goal by year-end. Kendrick argued that TradFi ought to view Uniswap “much less as a retail DEX app and extra as market infrastructure,” likening Uniswap to YouTube and Coinbase to Netflix.

The analyst posited that Uniswap is “uniquely positioned to scale” as tokenized belongings in DeFi surge, with its impartial, rules-based automated market maker set to turn into the liquidity layer establishments plug into.

Customary Chartered expects DeFi to carry $2.7 trillion in belongings by 2030, doubtlessly giving Uniswap swimming pools 37x extra to commerce. A late-2025 “UNIfication” fee-switch improve has additionally been burning roughly 1% of provide a 12 months, trimming complete provide to about 895 million from 1 billion.

The surge additionally comes on the again of Uniswap’s tokenized securities launch on June 12, which made tokenized shares together with SpaceX, Apple, Tesla, and NVIDIA tradable throughout its app, pockets, and API. Calling the launch a “small fraction of what’s coming,” the corporate pointed to the greater than $9.1 billion swapped in real-world-asset swimming pools forward of tokenized securities’ debut on the platform.

Researchers have been making a fundamentals case, too. ARK Make investments’s Lorenzo Valente famous that Uniswap posted a report $125 billion in month-to-month buying and selling quantity in October 2025, has since reclaimed the highest spot amongst DEXs at 25–30% of complete quantity, and earns “near half of all gross spot buying and selling charges within the area.” Over the previous 30 days, annualized, the protocol is on tempo to burn roughly 2% of complete provide, he wrote, with the token now “absolutely aligned with the protocol as the only supply of worth accrual.”

Even so, UNI sits close to a multi-year low, buying and selling far under its all-time excessive of $44.92 set in Might 2021, and Kendrick flagged dangers together with area of interest rivals and the standardization of compliance guidelines as TradFi contributors put together to enter the tokenization area.

The token’s momentum builds on BlackRock’s February transfer to make its BUIDL tokenized cash market fund obtainable by way of UniswapX, with Uniswap Labs noting on the time that the asset supervisor had “made a strategic funding throughout the Uniswap ecosystem.”