$UMA is trading at $1.6283, with a 24-hour trading volume of $172.3 million and a market capitalization of $142.46 million, representing a 25.28% gain over the last day. This explosive move was driven primarily by Polymarket’s newly announced partnership with Elon Musk’s X—where UMA’s Optimistic Oracle will power X’s official prediction-market backend—underscoring UMA’s core role as a trustless data resolution layer and sparking deep institutional and retail buying.