UNI Token Surges 5.37% Amid Exchange Activity, Institutional Integration, and Turkish Regulatory Spotlight

Uniswap (UNIUSDT) experienced a 5.37% price increase over the last 24 hours, with the current price at 7.239 USDT according to Binance data. The recent price movement is attributed to a combination of factors: on-chain data shows increased UNI balances on exchanges and reduced holdings by large investors, indicating recent selling activity, while institutional interest was supported by Anchorage Digital’s integration of the Uniswap Trading API. Regulatory developments in Turkey, where PancakeSwap was blocked and Uniswap was identified as a major DEX under potential review, may have contributed to market uncertainty, though no direct action has been taken against Uniswap. Trading volumes remain substantial, with the 24-hour range between 6.16 and 7.76 USDT, and market capitalization stands at approximately $4.59 billion, reflecting ongoing volatility and active trading in the UNIUSDT market.