The Uniswap cryptocurrency token could increase in value 40-fold over the next few years

The Uniswap (UNI) token could rise nearly 40-fold by 2030—from its current price of $ 2.72 to $ 100. Standard Chartered analyst Jeff Kendrick outlined this forecast in a note, linking it to the mass migration of traditional financial institutions to blockchain infrastructure.

According to Kendrick, Uniswap has a unique structural positioning among DeFi platforms: its automated market maker model operates under fixed rules that do not change. This, in the analyst’s view, makes the platform a reliable infrastructure for TradFi companies seeking to integrate tokenized assets into decentralized finance. Kendrick compared Uniswap to YouTube and Coinbase to Netflix: the former is an open platform for everyone, while the latter is a controlled service.

Standard Chartered expects that by the end of the decade, the total value of digital assets in DeFi protocols will reach $ 2.7 trillion. This means that the volume of assets in Uniswap liquidity pools could grow 37-fold compared to current levels. Given the direct correlation between trading volumes and protocol fees, increased activity will automatically intensify deflationary pressure on the token.

A key milestone for UNI was the activation of the so-called «fee switch» at the end of 2025. Since the launch of the burning mechanism in December, the total token supply has decreased from approximately 1 trillion to 895 million units. The current annual burn rate is about 1% of the total supply, and the upcoming «UNIfication» update is expected to accelerate this process even further.

Since its founding in 2018, Uniswap has processed over $ 3.7 trillion in trading volume and collected $ 5.6 billion in fees, according to DeFiLlama. Despite this, the price of the UNI token is still far from its all-time high of around $ 45, recorded five years ago. On Monday, the coin was trading at $ 2.72, showing a 9.8% increase over the past 24 hours, according to CoinGecko.

Among the risks, Kendrick highlighted competition from niche protocols capable of offering more specialized solutions, as well as regulatory challenges surrounding asset tokenization. At the same time, he noted that a real precedent has already been set: in February, BlackRock announced the availability of its BUIDL tokenized money market fund via the UniswapX protocol in partnership with the Securitize tokenization platform. According to Decrypt sources, the world’s largest asset manager also planned to purchase UNI tokens.

For this year, Kendrick has set a more conservative target of $ 6.50 per token. However, in the long term, the analyst is confident: Uniswap has every chance of becoming the benchmark for tokenized assets and outperforming even Bitcoin and Ethereum in terms of returns.