Standard Chartered Sees the Bag: $500K $BTC, $40K $ETH, and a $100 $UNI Plot Twist

Standard Chartered has set long-term price targets of $500,000 for Bitcoin, $40,000 for Ethereum, and $100 for Uniswap's UNI token, according to a research note published this week and reported by CryptoNews. The bank reiterated its bullish multi-year outlook for digital assets, framing the projections as part of a broader thesis on institutional adoption and on-chain finance.

The targets were attributed to Standard Chartered's digital asset research team and first reported by CryptoNews on June 16. The bank has previously drawn attention for issuing price forecasts well above prevailing market levels, and the new note extends that framework to include Uniswap alongside $BTC and $ETH.

In the report, analysts pointed to a combination of spot ETF flows, corporate treasury allocations, and stablecoin-driven settlement activity as supporting factors behind the long-term estimates. Ethereum's target was linked to expanding stablecoin supply and exchange-traded fund demand, while the $BTC projection was tied to its emerging role as a corporate reserve asset.

Standard Chartered also included Uniswap in its coverage for the first time at this scope, assigning UNI a $100 long-term target and citing the protocol's position as the largest decentralized exchange by trading volume. The bank said governance activity and fee-switch proposals were among the structural developments it was monitoring.

The note did not provide a timeline for the targets to be reached, and Standard Chartered has previously said such figures represent multi-year scenarios rather than short-term price calls. CryptoNews noted that the bank has consistently maintained a constructive stance on crypto since expanding its digital asset research unit.

Standard Chartered separately published its forecasts through standard research distribution channels. The bank declined to comment beyond its published note, according to CryptoNews. As of the June 16 publication date, Bitcoin and Ethereum were trading well below the bank's long-term targets, and no assurance was given that the projected levels would ever be reached.