Key Takeaways:
UNI surged 23% to clear $3.60 on Wednesday, capping a 50% seven-day recovery for the Uniswap token.Critics claim Standard Chartered overvalued UNI by including fees that actually belong to liquidity providers.Standard Chartered predicts a tokenization boom will push Uniswap’s native token to $100 by 2030.The jump also drove UNI’s seven-day gains to nearly 50%, making it one of the best-performing digital assets during the period. Despite this, UNI’s monthly gains stood at a paltry 3.1%, while its year-to-date loss of 37.3% suggests the current rally is a recovery rather than new demand or capital flowing into the asset.
