Uniswap has grown 6× since 2022, from $700B to $3.3T in cumulative DEX volume, yet $UNI trades 86% below its ATH.
CIO Jeff Dorman calls it “the most useless crypto ever.”
But on-chain data says otherwise
🔹 10M $UNI moved off exchanges since mid-Sept → strong accumulation
🔹 $3B+ in protocol fees since 2022
🔹 Expansion across Ethereum, Solana & BNB Chain
If the early 2025 “buy the dip” setup repeats, UNI could be gearing for another +100% phase.
So, what’s your take
Dead token or sleeping giant?
