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Standard Chartered now says its $100 $UNI target for 2030 may be too low. The argument comes from Uniswap averaging roughly $244,000 in daily protocol revenue between July 27 and August 12. Because that revenue funds UNI buybacks and burns, the short sample annualizes to about $89.1 million. Robinhood Chain supplied around 60% of the revenue. I see improving token fundamentals here, but not proof of a $100 valuation. The burn estimate comes from only 17 days, while most of the new revenue is concentrated on one recently launched chain. If activity normalizes, the annualized figure can reset quickly. The real confirmation would be sustained revenue across several chains. A working fee to burn mechanism matters, but one strong burst should not be extrapolated through 2030. #CPIPPIEaseFedSplit #AIInfraEarningsWatch #SpaceX99%ValueFromAI $BTC $ETH