$UNI surges 6.25% to $5.77 as DeFi recovery drives demand for the leading decentralized exchange token.
What's Happening:
Volume Recovery: Uniswap trading volume increasing during market rally.
V4 Development: Uniswap v4 with hooks architecture development progressing.
Cross-Chain Expansion: UniswapX aggregating liquidity across multiple chains.
Fee Switch Discussion: Community governance discussions on protocol revenue ongoing.
Why It Matters:
UNI gaining 6% shows DeFi isn't dead—it's consolidating around winners. Uniswap handles more volume than most centralized exchanges. When DeFi recovers, UNI is the first to benefit.
Technical View:
UNI at $5.77 with strong +6.25% gains. Broke through $5.50 resistance. Testing $5.81 daily high. Support at $5.41.
🎯 Key Levels:
Support: $5.41 | Resistance: $5.81
24h Range: $5.41 - $5.81
💡 "Uniswap handles more volume than most CEXs. That's not a meme—that's dominance."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
