$UNI is currently slowly entering a new phase: price discovery.
A few days ago, when it was still at $6 and $7, many people in the square were still asking: “Can this old UNI actually still work?”
Now it’s already surged to above $10.
Before, people looked at UNI through the previous high, stuck positions, and resistance levels.
But if a coin’s narrative, capital, and trading tools are all upgrading at the same time, how much reference value do those old prices really still have?
Just last night, CME announced a plan to launch the $UNI futures contract—standard contract size 10,000 UNI, and a micro contract size 1,000 UNI. It’s expected to go live on October 19, of course pending regulatory approval.
The most important thing about this isn’t simply that it adds another futures product!
What matters is that in the future, institutions wanting to go long/short UNI, hedge, or do arbitrage will have a more standardized entry point.
Plus, recently, UNI’s own trading volume, RWA, Permissioned Pools, and protocol revenue have all been moving forward one by one.
If the market truly starts treating $UNI as a DeFi core asset again for pricing, where will the next price anchor be?
Those who used to think $6 was too expensive, who didn’t dare to chase at $7, and who then started waiting for a pullback at $9…
One day when everyone begins discussing $15 or $20, they may realize: what truly triggers FOMO is never the move after it pumps—it’s that you clearly saw it back then, yet you kept not getting in!
#UNI #Uniswap #DeFi
A few days ago, when it was still at $6 and $7, many people in the square were still asking: “Can this old UNI actually still work?”
Now it’s already surged to above $10.
Before, people looked at UNI through the previous high, stuck positions, and resistance levels.
But if a coin’s narrative, capital, and trading tools are all upgrading at the same time, how much reference value do those old prices really still have?
Just last night, CME announced a plan to launch the $UNI futures contract—standard contract size 10,000 UNI, and a micro contract size 1,000 UNI. It’s expected to go live on October 19, of course pending regulatory approval.
The most important thing about this isn’t simply that it adds another futures product!
What matters is that in the future, institutions wanting to go long/short UNI, hedge, or do arbitrage will have a more standardized entry point.
Plus, recently, UNI’s own trading volume, RWA, Permissioned Pools, and protocol revenue have all been moving forward one by one.
If the market truly starts treating $UNI as a DeFi core asset again for pricing, where will the next price anchor be?
Those who used to think $6 was too expensive, who didn’t dare to chase at $7, and who then started waiting for a pullback at $9…
One day when everyone begins discussing $15 or $20, they may realize: what truly triggers FOMO is never the move after it pumps—it’s that you clearly saw it back then, yet you kept not getting in!
#UNI #Uniswap #DeFi