Uniswap (UNI) has recorded a sharp increase in on-chain activity, with key network metrics reaching multi-month highs following renewed investor interest sparked by Standard Chartered’s ambitious long-term price forecast for the token.
According to blockchain analytics platform Santiment, Uniswap’s active addresses climbed to their highest level in four months, signaling a notable rise in user engagement across the decentralized exchange ecosystem. At the same time, whale transactions surged to a seven-month high, indicating increased participation from large holders and institutional-scale investors.
Santiment highlighted that Uniswap’s network growth has accelerated since Standard Chartered released its bullish outlook for UNI, which projects the token could eventually reach $100. The report has reignited market discussions surrounding decentralized finance (DeFi) and Uniswap’s position within the sector.
The increase in activity was also reflected in wallet creation data. Uniswap added 594 new wallet addresses on Tuesday, marking the strongest single-day growth in new users since December 30, 2025. This spike suggests growing interest from both retail and institutional participants seeking exposure to the leading decentralized exchange protocol.
Social metrics mirrored the on-chain trend. Conversations about UNI across social platforms intensified, pushing the token’s social dominance to its highest level since late March. The heightened visibility helped fuel a strong market rally earlier this week.
UNI posted one of its best trading sessions of 2026 on June 16, gaining approximately 24% in a single day while generating more than $621 million in trading volume. Market analysts noted that the rally was driven primarily by changing institutional sentiment rather than any major protocol upgrade, governance proposal, or technical development.
Despite the strong momentum, UNI has since experienced a pullback. The token traded near $3.09 on Thursday, declining nearly 12% over the previous 24 hours. However, UNI remains roughly 24% higher compared to its price a week earlier.
The broader cryptocurrency market also faced pressure after the U.S. Federal Reserve maintained interest rates on June 17 while signaling a more hawkish outlook. The shift weighed on risk assets, including digital currencies.
Looking ahead, investors will be watching whether Uniswap can sustain its rising network activity and user adoption. While Standard Chartered’s forecast suggests UNI could reach $6.50 by 2026 and potentially $100 by 2030, continued growth in on-chain usage will likely be a key factor in supporting any long-term price appreciation.
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