Woofun AI reports that Standard Chartered Bank issued its inaugural research report covering Uniswap on June 16th. The bank established a long-term price target of $100 for the UNI token, forecasting a potential 40-fold appreciation from current levels near $2.70 by the end of 2030.

This institutional endorsement coincided with significant market momentum, as UNI surged over 20% within a 24-hour period. The asset reached a trading price of $3.6256, reflecting heightened investor interest following the publication of the bank's bullish outlook.