UNI Token Drops 7.17% After June Surge—$485M Volume Signals Ongoing DeFi Market Strength
Uniswap (UNI) experienced a 7.17% price decline over the past 24 hours, opening at 7.909 and currently trading at 7.342 on Binance. This pullback follows a period of heightened volatility and significant gains earlier in June 2025, which were driven by record trading volumes, renewed investor interest, and optimism regarding potential US regulatory changes, particularly the SEC's proposed "innovation exemption" for DeFi platforms. Recent profit-taking after UNI’s rapid 26% surge and a test of key resistance levels contributed to the latest correction, as traders reassess positions amid ongoing market fluctuations. Despite the short-term decline, UNI maintains high liquidity and trading activity, with a 24-hour volume of approximately $485.5 million and a market capitalization of $4.14 billion, underscoring its continued prominence within the decentralized finance sector.