Standard Chartered Bank: UNI may still have a low target price of $100 in 2030, and Robinwood Chain is driving the destruction of tokens at a significantly higher rate
On 14 August, according to a source from Standard Chartered ' s Global Digital Asset Research Manager, Geoff Kendrick, the previously set UNI target price of $100 for 2030 may still be low, mainly because of the apparent acceleration in the recent purchase and destruction of UNI by Uniswap through agreed revenues. The data show that during the period from 27 July to 12 August, the Uniswap agreement averaged income of approximately $244,000 per day, an increase of approximately 2.4 times over the previous 17-day average of $998 million. Based on the annualization of the current level, the destruction of UNI was approximately $891.1 million. Kendrick indicated that, at current UNI prices, this rate of destruction was equivalent to the destruction of approximately 4 per cent of the supply in circulation per year, while the scale of long-term destruction was likely to expand as more such cooperation emerged as Robinwood. Of these, Robinhod Chain contributed most of the recent revenues from the Uniswap agreement. During the past seven days, Uniswap generated some $9.25 million in agreement revenue in Robinwood Chain, or about 60 per cent of the total agreement revenue of $1.55 million for the same period. Kendrick had previously projected a target price of $6.5 for UNI by the end of 2026 and indicated that, even if the price were to be reached, the current destruction rate would be approximately 2.2 per cent annually。
