Standard Chartered's Geoffrey Kendrick said the roughly $6.3B Binance hot-wallet hack could speed up a shift from centralized exchanges to DEXs and benefit Uniswap (`0x1f98…1454`), per Cointelegraph and its article.

Standard Chartered's Geoffrey Kendrick said the roughly $6.3B Binance hot-wallet hack could speed up a shift from centralized exchanges to DEXs and benefit Uniswap (`0x1f98…1454`), per Cointelegraph and its article.

He reiterated his $100 UNI target for 2030 and said it may prove too low, urging investors to look again at Uniswap, as summarized by cryptodotnews.

He still expects further near-term negative price action, saying "only after assets are unfrozen and more detail of the hack emerges will we find a new base." Cointelegraph cited UNI down 10.4% to $6.48 early Friday, and exchanges now quote UNI around $6.90 on Binance spot, down about 4.3% in 24h.