BlockBeats News, August 14, Standard Chartered's Global Head of Digital Asset Research, Geoff Kendrick, stated that the previously set $100 target price for UNI by 2030 may still be conservative, mainly due to Uniswap's recent significant acceleration in protocol revenue buyback and UNI burning.

Data shows that from July 27 to August 12, the Uniswap protocol's daily revenue was approximately $244,000, a 2.4x increase from the previous 17 days' daily average of $99,800. At the current rate, the annualized UNI burn rate is about $89.1 million. Kendrick noted that based on the current UNI price, this burn rate is equivalent to approximately 4% of the circulating supply being burned annually, and with more Robinhood-like partnerships emerging, the long-term burn rate may further expand.

Notably, the Robinhood Chain contributed the majority of the recent Uniswap protocol revenue. In the past 7 days, Uniswap generated approximately $925,000 in protocol revenue on the Robinhood Chain, accounting for about 60% of Uniswap's total protocol revenue of $1.55 million during the same period. Kendrick had previously forecasted a year-end 2026 target price for UNI of $6.5 and stated that even if this price is reached, the current burn rate corresponds to an annualized rate of approximately 2.2%.