Uniswap has marked its position firm at the center of DeFi innovation, and has attracted investors with its monetary achievements. Talking about which, in a recent Uniswap News, the team reported a strong $140 million in revenue and declared $95 million in asset valuation, alongside a notable $12.4 million allocated for grants.
Successively, the UNI price has been on a constant move, and has made it to the top gainer’s list today. Wondering if the Uniswap price is poised for a breakout? Read this short term Uniswap price prediction for insights.
Alongside the fundamentals level ups, Uniswap X continues to create buzz, pushing the protocol into the spotlight. One of the most compelling narratives shaping Uniswap’s future is the migration of its activity from Ethereum Layer 1 to Layer 2, reflecting broader industry scaling trends.
UNI price is presently trading at $7.29, with a 10.19% increase since yesterday and a 13.50% gain over the past 7 days. With a market cap of $4.58 billion and a 24-hour trading volume of $881.22 million, UNI has emerged as the top gainer today.
The Uniswap price chart shows a bullish breakout from a consolidation triangle, with the price rebounding from the $6.50 entry zone and currently up by ~15%. The chart shows a near-term resistance at $7.77, where some consolidation or a pullback could occur before any sustained rally. The 9-day SMA is also acting as dynamic support, suggesting short-term momentum remains strong.
Also read our UniSwap Price Prediction 2025, 2026-2030 for long-term price targets!
UNI’s price surge is driven by strong Q1 financials, bullish technical patterns, and rising trading volume.
While a short-term move to $7.77 seems possible due to momentum and chart structure, some pullback to $6.5 is likely as traders take profits near resistance.
At the time of publication, the price of 1 UNI token is $7.29, with a daily price surge of $10.19%.
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