SpaceX(SPCX.O) extends gains to 10%

2026-06-16 by admin

TechFlow News, June 15, according to Bitget market data, SpaceX (SPCX.O) saw its gain expand to 10%, currently trading at approximately $177.96. Its market cap reached $2.33 trillion, once again surpassing TSMC (TSM.N) and approaching Amazon (AMZN.O).

PANews reported on June 16th that, according to The Block, Standard Chartered Bank predicts that Uniswap's UNI token could increase 40-fold to $100 by the end of 2030. The bank believes that the value of tokenized assets active in DeFi will increase 37-fold by 2030, from which Uniswap is expected to benefit. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, predicts that on-chain tokenized assets will grow from approximately $340 billion currently to $4 trillion by the end of 2028, with the share used for DeFi rising from 3.5% to 30%, and DeFi's total value locked (TVL) increasing to approximately $2.7 trillion. The bank forecasts UNI to reach $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. Standard Chartered points out that Uniswap has generated approximately $21 million in protocol fees since introducing the fee switch and has burned 5 million UNI tokens. Combined with a one-time burn of 100 million UNI tokens, the total supply has decreased from 1 billion to 895 million, and the circulating supply has decreased to 622 million. This supply contraction has provided support for the UNI price. On the risk side, smaller DEXs may build better products for specific use cases, and tokenized RWA requires stronger commercialization efforts and cooperation with traditional financial institutions.

PANews reported on June 16th that, according to The Block, SpaceX went public on Nasdaq last Friday with a valuation exceeding $1.7 trillion. On that day, the trading volume of SPCX perpetual contracts on Hyperliquid reached $1.4 billion, accounting for 30% of the total trading volume of HIP-3. In the preceding three weeks, the average daily trading volume of SPCX was only $26 million. In the first half of June, the total trading volume of equity-linked perpetual contracts exceeded $18.8 billion, while the combined trading volume of crude oil and Brent crude oil contracts was $7.66 billion. As the HIP-3 market has become a 24-hour hedging and speculation venue outside of US stock cash trading hours, market share has shifted from commodity perpetual contracts, which dominated in the first quarter, to equity perpetual contracts. Trade.xyz drives a significant share of HYPE buyback flows through fee distribution. Notably, Bybit, Binance, and Bitget canceled their SpaceX IPO tokenized share allocation plans and issued refunds due to insufficient underlying shares to meet customer subscriptions. HYPE prices rose approximately 10% on the day of SpaceX's listing.