Standard Chartered Sees UNI at $100, Ethereum at $
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Standard Chartered Sees UNI at $100, Ethereum at $40K and Bitcoin at $500K by 2030
Standard Chartered has issued ambitious long-term forecasts for the crypto market as Bitcoin recovers from earlier dips.
The bank expects major gains for Uniswap’s UNI token, Ethereum, and Bitcoin before the end of the decade. Its outlook is based on the belief that decentralized finance (DeFi) and tokenized real-world assets (RWAs) will become major drivers of crypto adoption in the coming years.
The forecasts call for UNI to rise from around $3.60 to $100 by 2030. Ethereum is projected to climb from about $1,700 to $40,000, while Bitcoin could reach $500,000.
Crypto content creator Altcoin Daily reacted to the report, saying: “You aren’t bullish ENOUGH.”
According to the bank, UNI could surge almost 40-fold from current levels and reach $100 by the end of 2030.
In a report led by Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, the bank said Uniswap will benefit from the expansion of tokenized assets within DeFi.
The report estimates that tokenized assets actively used in DeFi could grow from roughly $340 billion today to about $4 trillion by the end of 2028. That would represent a 37-fold increase.
Standard Chartered also expects the share of tokenized assets used in DeFi to rise sharply. It projects this figure will increase from about 3.5% today to 30% by 2030.
As a result, the bank believes total value locked (TVL) in DeFi could reach $2.7 trillion by the end of the decade, up around 37 times from current levels.
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