Uniswap is showing renewed strength, with $UNI recently trading around the $6–$7 area and gaining momentum. One major fundamental catalyst is Uniswap’s evolving fee-and-burn model: protocol fees are used to acquire and permanently burn UNI, creating a direct link between protocol activity and token supply reduction. � Uniswap has also continued expanding its ecosystem—recent updates include StablePair Hook, permissioned pools, Uniswap on Robinhood Chain, and the latest launch of Uniswap on Arc on September 16. These developments strengthen Uniswap’s position across DeFi, stablecoin liquidity and tokenized markets. �
Uniswap Developers
Uniswap Labs +1
📊 TECHNICAL PICTURE: On the chart you shared, $UNI is trading above its 7-day MA (~$6.40), 25-day MA (~$5.85), and 99-day MA (~$4.07), showing improving medium-term momentum. The immediate area to watch is $6.80–$7.00; a sustained breakout with strong volume could bring the previous $7.48 high into focus. A rejection could send UNI back toward the $6.40 area, with ~$5.85 as another important support. Recent market data also shows UNI gaining over the past week, reinforcing the current momentum. � The key question now is whether $UNI can turn $7 into support rather than resistance. 🔥📈 #UNI #Uniswap #DeFi #Crypto #BinanceSquare
Uniswap Developers
Uniswap Labs +1
📊 TECHNICAL PICTURE: On the chart you shared, $UNI is trading above its 7-day MA (~$6.40), 25-day MA (~$5.85), and 99-day MA (~$4.07), showing improving medium-term momentum. The immediate area to watch is $6.80–$7.00; a sustained breakout with strong volume could bring the previous $7.48 high into focus. A rejection could send UNI back toward the $6.40 area, with ~$5.85 as another important support. Recent market data also shows UNI gaining over the past week, reinforcing the current momentum. � The key question now is whether $UNI can turn $7 into support rather than resistance. 🔥📈 #UNI #Uniswap #DeFi #Crypto #BinanceSquare
