UNI Token Surges 5.99% on Regulatory Boost and Smart Wallet Launch, Hits $7.77 on Binance

Uniswap (UNI) has experienced a 5.99% price increase over the last 24 hours, currently trading at $7.768 on Binance. This upward movement is primarily attributed to recent positive regulatory developments, notably supportive comments from the U.S. SEC Chair regarding DeFi innovation, as well as technical upgrades such as the launch of a new Smart Wallet and bullish chart patterns. Elevated trading volumes and a bullish market sentiment have further supported the price surge, with UNI maintaining strong activity and a market cap near $4.7 billion. Overall, UNI shows robust momentum, driven by both favorable regulatory news and technical signals.