The Uniswap utility token (UNI) jumped over 23% in 24 hours to pass $3.60, pushing its seven-day gains to nearly 50% and its market cap to $2.2 billion.
Key Takeaways
- UNI surged 23% to clear $3.60 on Wednesday, capping a 50% seven-day recovery for the Uniswap token.
- Critics claim Standard Chartered overvalued UNI by including fees that actually belong to liquidity providers.
- Standard Chartered predicts a tokenization boom will push Uniswap’s native token to $100 by 2030.
UNI Rallies past $3.60 as Weekly Gains Surge
The utility token of the decentralized exchange ( DEX) Uniswap breached the $3.60 threshold Wednesday, a more than 23% jump in 24 hours. The token maintained an upward trajectory that has added $1 to its value since June 14. Market data showed UNI jumped from around $3 to an intraday peak of $3.70 before retreating and consolidating around $3.60.
The jump also drove UNI’s seven-day gains to nearly 50%, making it one of the best-performing digital assets during the period. Despite this, UNI’s monthly gains stood at a paltry 3.1%, while its year-to-date loss of 37.3% suggests the current rally is a recovery rather than new demand or capital flowing into the asset.
Still, the token’s latest daily gain lifted its market capitalization from $1.87 billion to $2.2 billion, a level last seen May 22. The digital asset’s surge comes on the heels of a report by banking giant Standard Chartered asserting that UNI will reach $100 by the end of 2030, outperforming bitcoin and ethereum.
According to the bank, the bullish projection is based on its prediction that the value of tokenized assets active in decentralized finance ( DeFi), will grow 37-fold between now and the end of 2030, reaching $2.7 trillion in total assets locked. It also predicts tokenized assets on-chain will reach $4 trillion by the end of 2028. This structural growth, the bank argues, implies that Uniswap liquidity pools will handle 37 times more assets on-chain to trade by 2030.
With user fees in the past month topping $53 million, Uniswap reportedly remains the number one decentralized exchange. This makes the possibility of UNI reaching Standard Chartered’s forecasts — starting with $6.50 by the end of 2026 — plausible. However, critics like crypto venture analyst Omar Kanji panned Standard Chartered’s inclusion of liquidity provider fees in making the case that UNI trades at a lower multiple than Coinbase’s COIN.
According to critics, liquidity provider fees do not belong to UNI token holders; they go directly to the individual liquidity providers taking on inventory risk. Conflating total pool volume fees with value that directly accrues to the UNI token artificially inflates Uniswap’s apparent valuation health.
Others warn that asset tokenization does not automatically guarantee a major boost to decentralized exchange liquidity. Because tokenized real-world assets will span multiple blockchains, liquidity is highly likely to become fragmented. This fragmentation limits the depth and unified pricing capabilities of Uniswap’s automated market maker pools.
Ultimately, while Standard Chartered’s aggressive valuation offers a highly optimistic long-term outlook, the immediate path forward for Uniswap remains tethered to broader macroeconomic trends and structural hurdles. Until the platform can successfully navigate the challenges of fragmented liquidity and prove that value directly accrues to token holders, UNI’s recent rally may map a volatile road toward recovery rather than a guaranteed climb to new heights.

4 hours ago
12








English (US) ·