Standard Chartered research head: UNI's $100 target price by end of 2030 may be too low

- Geoff Kendrick, Standard Chartered's global head of digital asset research, commented on UNI's price target.
- He suggested that the $100 target price for UNI set in June may be too low.
- Uniswap is currently burning tokens rapidly using fees earned on Robinhood Chain.
- The average daily revenue for Uniswap from July 27 to August 12 was $244,222, significantly higher than the previous period.
- Robinhood Chain contributed about $925,100 in protocol revenue to Uniswap over the past week.
According to The Defiant, Geoff Kendrick, Standard Chartered's global head of digital asset research, stated that the $100 end-2030 price target set for UNI in June may be too low. He noted that Uniswap is currently rapidly burning tokens using fees earned on Robinhood Chain.
Data from DefiLlama shows that the Uniswap protocol's average daily revenue from July 27 to August 12 was $244,222, an increase from an average of $99,770 over the previous 17 days. Annualized at current levels, this amounts to approximately $89.1 million, all of which is used to buy back and burn UNI.
Over the past 7 days, Robinhood Chain contributed about $925,100 in protocol revenue to Uniswap, which accounted for approximately 60% of total revenue during the same period. Kendrick mentioned that at UNI's current price, the annualized burn amount represents about 4% of the circulating supply, but he cautioned that this burn rate may be difficult to sustain over the long term.
渣打银行研究负责人:UNI到2030年底的100美元目标价可能过低
根据The Defiant的报道,渣打银行全球数字资产研究负责人Geoff Kendrick表示,6月设定的UNI到2030年底的100美元目标价可能过低。他指出,Uniswap目前正通过在Robinhood链上赚取的费用快速销毁代币。
DefiLlama的数据表明,Uniswap协议在7月27日至8月12日期间的平均每日收入为244,222美元,较之前17天的平均值99,770美元显著增加。按当前水平年化计算,这一收入约为8910万美元,所有收入都用于回购和销毁UNI。
在过去7天中,Robinhood链为Uniswap贡献了约925,100美元的协议收入,占同期总收入的约60%。Kendrick提到,按照UNI当前价格,年化的销毁金额约占流通供应的4%,但他警告称,这一销毁率可能难以长期维持。