Uniswap has experienced a sharp rise in network activity this week following a widely circulated institutional price projection that placed long-term expectations for the token at 100 dollars.
According to data from Santiment, whale transactions on the Uniswap network have climbed to their highest level in seven months, while the number of active whale addresses has reached a four month peak.
Whale activity increases alongside bullish long-term outlook
The spike in activity coincides with a research note from the Standard Chartered team led by Geoff Kendrick, which projected that UNI could reach 100 dollars by 2030. The analysts linked this outlook to the rapid expansion of tokenized real world assets and expected growth in decentralized finance.
Their report estimated that the tokenized asset market could expand to around 4 trillion dollars by the end of 2028, rising significantly from roughly 340 billion dollars today. They also projected that DeFi based tokenized assets could grow by as much as 37 times over the next four years, which could directly benefit Uniswap’s liquidity pools.
The analysts argued that Uniswap is well positioned to capture this growth due to its established role as a leading decentralized exchange, strong brand presence, and dominance in trading correlated asset pairs.
Expanding ecosystem and institutional integration
Recently, Uniswap confirmed support for tokenized equities such as Apple, Tesla, and NVIDIA through its app and API. Earlier in the year, the protocol also enabled access to BlackRock’s BUIDL tokenized fund via UniswapX, a development that contributed to a notable price rally in UNI.
Standard Chartered’s projection outlines a gradual price path for UNI, including 6.50 dollars by the end of this year, 20 dollars by 2027, 40 dollars by 2028, 65 dollars by 2029, and ultimately 100 dollars by 2030. If achieved, this would represent roughly a 40 times increase from levels at the time of the report. The bank also suggested UNI could outperform both Bitcoin and Ethereum over the same period.
On-chain activity and recent performance
Santiment reported that Uniswap experienced a 24 percent price surge alongside increased whale accumulation and trading volume. A follow up update confirmed that active addresses had reached a four month high, while whale transaction activity returned to levels last seen seven months ago.
At the time of writing, UNI was trading around 3.10 dollars after briefly touching 3.65 dollars, its highest level since mid May according to CoinGecko data.
Over the past week, UNI has gained nearly 24 percent and is up more than 16 percent over the past two weeks. However, it remains down about 12 percent over the past month and has declined roughly 58 percent year over year.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
