UNI has had some things going on these past two days—definitely worth discussing.
On the Robinhood Chain side, daily active users have surged to 5.2 million, but UNI happens to be the most active protocol on this L2, meaning it directly benefits from the traffic boom. Annualized protocol revenue has also reached $90 million. Add the breakout in RWA trading volume, the progress of Fee Switch, and the ecosystem’s continued expansion—profit expectations are gradually getting thicker.
On the price front, $UNI is currently around $3.6, with a market cap of $2.24 billion and $252 million in 24-hour trading volume. Overall sentiment has clearly repaired compared with the earlier period.
The logic isn’t complicated: real on-chain activity + an income realization pathway + a regulator-friendly L2 channel. With these three factors stacking together, UNI’s fundamentals are relatively more solid than most DeFi blue chips. In the short term, focus on capital flows and sentiment; in the long run, it still comes down to how much gets distributed to token holders after Fee Switch truly rolls out.
This is not investment advice—please control your position size.
#Uniswap#DeFi#RWASummer