Robinhood Chain Hits 5.2M Users as Uniswap Fuels Standard Chartered’s $100 UNI Prediction

• Robinhood Chain daily active users surged to 5.2 million on August 12, after sitting near 280K before the recent breakout
• Uniswap is supplying much of Robinhood Chain’s liquidity, helping push TVL toward $1 billion while the Robinhood-linked fee switch drives UNI burns at roughly a $90 million annualized pace
• Standard Chartered’s Geoffrey Kendrick says his $100 UNI target for 2030 may be too low, as Robinhood Chain activity is generating more token burns than initially expected

Robinhood Chain has suddenly become one of the busiest new names in crypto. Daily users jumped to 5.2 million this week. Meanwhile, the network’s total value locked moved toward $1 billion. A lot of that activity is tied to Uniswap, which has become a key source of liquidity on the chain. The jump is also getting attention from Standard Chartered, which has a long-term $100 UNI target.

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Robinhood Chain Activity Takes Off

The scale of the move is hard to miss. Robinhood Chain’s daily active users climbed from around 280,000 to 1.9 million on August 11, then reached 5.2 million the next day. TVL has also approached $1 billion, according to data cited by Standard Chartered.

This makes the Robinhood Chain one of the fastest-growing networks by TVL in recent weeks. It should be noted that new chains often struggle to attract enough liquidity to keep users around. Robinhood appears to be getting some help from an established name.

Uniswap Becomes a Key Part of the Growth

Uniswap has emerged as a major liquidity venue on Robinhood Chain, with activity across its V2, V3, and V4 deployments. The connection matters for UNI because more activity on the protocol can translate into higher fees and, under Uniswap’s fee mechanism, more token burns.

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The fee switch activated in late July has already pushed the annualized UNI burn rate toward roughly $90 million, according to Standard Chartered analyst Geoffrey Kendrick. This is a notable change for a token whose value proposition has historically depended heavily on future protocol growth.

Standard Chartered had previously projected that UNI could reach $100 by 2030. But Kendrick has since suggested that target could prove too conservative if Robinhood Chain continues generating fees at the current pace. At press time, the altcoin was trading at $3.49 following a 1.9% drop over the past 24 hours.

Can Robinhood Chain Keep the Momentum Going?

The 5.2 million-user figure is impressive, but it is also very new. Daily activity had been sitting far lower before the sudden jump. So the next few weeks should show whether Robinhood has found a lasting source of demand or simply benefited from a burst of activity.

This matters the most to the UNI price prediction. A sustained rise in Robinhood Chain usage would mean more liquidity, more Uniswap activity, and potentially a larger UNI burn. This would give Standard Chartered’s bullish outlook a stronger foundation than a price target based purely on market sentiment.

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