Online services for Uniswap (UNI) rose to a multi-month high this week after Standard Chartered set a $100 price target for the token.
The development also pushed the token to record its strongest trading session of 2026. On-chain metrics from Santiment show a change that was linked to the authentication of organizations instead of protocol upgrades.
Uniswap’s On-Chain Service Has Reached Many Months
Santiment data showed that operating addresses reached their highest level in four months. The whales grew even larger, reaching the age of seven months.
“Activity on the Uniswap network has continued to heat up following Standard Chartered’s $100 UNI forecast,” Santiment wrote.
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On-chain metrics are shown high growth rate of new users. Uniswap registered 594 new wallet addresses on Tuesday, the largest daily increase since December 30, 2025.
Social interaction followed the same pattern. Discussions around UNI rose, pushing the index’s dominance to its highest level since March 30, according to Santiment.
The altcoins are not left out. UNI jumped nearly 24% on June 16, one of its strongest shares in 2026. Trading volume that day exceeded $621 million.
“What led to the move was not the raising of new governance policies. Instead, investors responded to a major change in institutional attitudes. Standard Chartered… has issued one of the most aggressive forecasts in a long time that has been published on a major DeFi token. he said.
However, the rush has faded. UNI traded at around $3.09 on Thursday, down 11.8% over 24 hours, although it is still around 24% for the week.
The pullback followed a major market decline. The Federal Reserve held rates on June 17, but hawkish change pushed The risks are reduced.
Whether it works depends on the actual implementation. Standard Chartered Street points to $6.50 in 2026 before he arrives $100 in 2030, leaving a huge gap between data and value.
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A note Standard Chartered’s $100 UNI Call Triggers Surge in Uniswap Network Activity appeared for the first time BeInCrypto.
