To invest in a coin, you must understand its operational rules, which is why UNI is my third position!

The investment value of UNI (Uniswap's native governance token) can be comprehensively assessed from the following key dimensions:

I. Core Value and Market Position

1. Leading Decentralized Exchange

Uniswap, as a benchmark project in the DeFi space, has maintained its top position in the DEX market share for a long time. Data from 2025 shows that its market share reached 65%, far exceeding competitors. With a mature Automated Market Maker (AMM) model and a large liquidity pool, Uniswap has processed over $15 trillion in cumulative transaction volume, becoming an indispensable infrastructure in the Ethereum ecosystem.

2. Governance Rights and Value Capture

UNI holders can participate in major platform decisions through voting, such as protocol upgrades and fee structure adjustments, directly influencing the development direction of Uniswap. The $165.5 million funding proposal passed by the community in 2025 will be used for developer incentives, liquidity mining, and exploring the 'fee switch' mechanism, further strengthening the governance value and token economic model of UNI. If the 'fee switch' is implemented, UNI holders will directly share in the protocol's revenue, significantly enhancing the token's cash flow attributes.

3. Technological Innovation and Ecological Expansion

The Layer 2 network Unichain launched by Uniswap is based on the Optimism Stack, aimed at addressing the high gas fees and congestion issues of the Ethereum mainnet. Its transaction costs are 95% lower than the mainnet, block time is reduced to 1 second, and it introduces a Decentralized Verification Network (UVN) and cross-chain interoperability, attracting institutions like Circle and Coinbase. As of April 2025, Unichain's TVL has reached $390 million, making it an important player in the Layer 2 space.

II. Market Performance and Price Dynamics

1. Recent Price and Market Cap

As of June 4, 2025, the UNI price was $6.63, with a market capitalization of approximately $4.168 billion, ranking 38th among cryptocurrencies. Although there is still a gap compared to the historical high of $44.92 in 2021, after the community proposal passed in March 2025, the price once rose to $7.52, indicating the market's positive response to the ecological development plan.

2. Price Prediction and Volatility Risk

Institutional forecasts indicate that the UNI price may fluctuate in the range of $10-20 in 2025, with the potential to break through $80-120 in the long term (by 2030).$UNI