
UNI rose more than 20% on June 17 after Standard Chartered initiated Uniswap coverage with a $100 end-2030 target, while Uniswap’s tokenized-stock launch and whale-linked leveraged buying added momentum.
UNI climbed more than 20% on June 17 after Standard Chartered initiated coverage on Uniswap and said the token could rise from about $2.70 at the report's release to $100 by the end of 2030. The bank tied its forecast to expected growth in DeFi tokenized assets and larger tradable liquidity pools, while renewed demand was also linked to Uniswap’s tokenized-stock launch. Onchain Lens separately said Garret Jin, described as an agent for a "BTC OG insider whale," added a 366,423 UNI 2x long position and was still increasing it, adding to the bullish backdrop.