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Uniswap price dips amid Binance wallet hack; expert keeps $100 target for 2030

Market News
02 Nov 2026, 10:52 WIB
Tokenpost
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Bearish
Uniswap price dips amid Binance wallet hack; expert keeps $100 target for 2030

Uniswap (UNI) traded slightly lower at $7.23 following a security breach at Binance, where hot wallets were compromised on October 29. Binance has begun restoring withdrawals gradually after conducting security checks. Despite the hack, Geoffrey Kendrick of Standard Chartered maintains a bullish long-term price target of $100 for UNI by 2030, suggesting the incident could boost decentralized exchanges' market share in crypto trading. This outlook reflects confidence in the growth potential of decentralized platforms despite short-term setbacks.

Uniswap (UNI) is trading slightly down by 0.19% at Rp130.635 as of Nov 02, 2026 16:02 WIB on Pluang, showing a smaller decline compared to the article's $7.23 price noted after the Binance breach. The platform sees a balanced order activity with 48% selling and 52% buying, indicating steady interest despite recent security concerns. Typical hold time for UNI on Pluang is 65 days, reflecting moderate investor confidence in the token's medium-term potential.

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