BeInCrypto reported, citing analysis from on-chain analytics firm Santiment, that "network activity has significantly increased since Standard Chartered presented a $100 price target for Uniswap (UNI)." According to Santiment, the number of active Uniswap addresses reached a four-month high, and the number of whale transactions hit a seven-month high. New wallet addresses also showed the largest increase since late December. Santiment analyzed, "UNI is once again gaining market attention as a bullish outlook from a traditional institution, rather than a protocol upgrade, stimulates investor sentiment."
