
UNI token surges 70% in a week after UNIfication proposal
Whale transactions hit 4 year high and new wallet creation reaches 3 year high
Analyst predicts a supply shock if the fee switch is activated
Uniswap has been making headlines this week.
The decentralized exchange (DEX) built on Ethereum is causing stir with its new developments, strong price action, and renewed investor excitement. Whale activity is heating up, traders are watching closely, and big names in the industry are taking notice.
Data from Santiment highlights just how strong Uniswap’s recent momentum has been.
UNIfication Proposal Sparks 70% Rally
Santiment notes that Uniswap’s price has climbed about 70% in just one week. This big move came after the team proposed burning 100 million UNI tokens, as part of an initiative to redirect protocol revenues to token burns. It also announced new features to improve rewards for liquidity providers.
Founder Hayden Adams said that the goal is to better align incentives across the ecosystem and strengthen Uniswap’s position as the leading decentralized exchange for tokenized value.
UNI Price Soars as Whales and Retail Traders Pile In
UNI’s price shot up over 40% after the announcement within a few hours to reach its highest level in two months.
At the same time, Uniswap has seen a 4-year high in daily whale transactions and the number of new UNI wallets being created has hit a three-year high. There were 422 large UNI transactions within just a two-hour window and around 1,598 new UNI wallets were created, putting the network on pace for its highest growth since November 2022.
This shows a strong wave of new interest from retail traders.Although the hype might cool down for a while, Santiment notes that it could see another wave of rallies supported by strong fundamentals and recent improvements in governance.
Crypto Experts React
The proposal has also caught the attention of major crypto voices.
Ki Young Ju, CEO of CryptoQuant, notes that Uniswap could go “parabolic” if the fee switch is activated. “Even just counting v2 and v3, with $1T in YTD volume, that’s about $500M in annual burns if volume holds,” he said.
With exchanges currently holding around $830 million in UNI, he suggested that a supply shock could be inevitable, even after accounting for future token unlocks.
Adding to the momentum, data from Lookonchain revealed that BitMEX co-founder Arthur Hayes has returned to Uniswap after three years, purchasing 28,670 UNI tokens worth about $244,000.
Analysts See Massive Potential
Crypto analyst Crypto Patel shared a bullish outlook on Uniswap. He notes that UNI has been consolidating in a long-term descending triangle with strong buying support between $6 and $7.
A breakout above the $9–$10 range could mark the start of a macro trend reversal, with upside targets at $16.5, $40, and even $72 or higher.
Uniswap has come a long way from being a small experiment to becoming one of the biggest names in decentralized finance.
With the new proposal and renewed interest from major investors, the project is entering an exciting new phase. Uniswap’s strong fundamentals and growing community support suggest that its long-term outlook remains bright.
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FAQs
The proposal plans to burn 100 million UNI and use protocol fees for future burns, reducing supply and aligning incentives for holders.
Whales made record-high UNI transactions, signaling strong accumulation. Their activity often drives momentum and boosts retail investor confidence.
Analysts see potential for UNI to break above $10, with long-term targets as high as $16, $40, or even $72 if bullish momentum continues.
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