Standard Chartered has initiated coverage on Uniswap's UNI token with a bold price target of $100 by 2030, up from around $2.71 today. The bank forecasts a surge in tokenized real-world assets from $340 billion to $4 trillion by 2028, with DeFi participation rising from 3.5% to 30% by 2030. This growth could drive total value locked in DeFi to nearly $2.7 trillion, benefiting Uniswap as a leading decentralized exchange. The bank expects UNI to outperform Bitcoin and Ethereum, citing Uniswap's strong brand, trading volume in tokenized stocks, and new initiatives like its layer-2 network and token burn program. However, this optimistic outlook depends on several key assumptions, including rapid market growth and Uniswap maintaining its market position.
Uniswap has launched a community vote on a proposal to introduce a sustained UNI token burn mechanism funded by protocol fees. If approved, fees generated from trading on Robinhood Chain and other chains will be deposited into TokenJar accounts, allo...
USDG, a stablecoin issued by Paxos, has rapidly grown on Robinhood Chain, doubling its liquidity on Uniswap to over $8.5 million within a week of the chain's launch. Robinhood Chain, a Layer 2 network based on Arbitrum, launched its public mainnet on...
Uniswap is generating over $5 million in daily fees, largely fueled by the Robinhood Chain, which recorded $500 million in daily Uniswap trading volume within eight days of its July 1 launch. This surge makes Robinhood Chain the second-largest networ...
Uniswap has reached $5.2 million in daily fee generation, largely due to the Robinhood Chain, which launched on July 1 and contributes $4.38 million of the total fees. The Robinhood Chain saw a 20-fold increase in decentralized exchange trading volum...
Uniswap's daily fees surged to about $5.2 million, with Robinhood Chain contributing roughly $4.38 million, surpassing Ethereum and Base. This marks a significant shift in trading activity towards new networks shortly after Robinhood Chain's July 1 l...
