UNI Token Surges 17% to Four-Month High on Regulatory Boost, Joins Nasdaq Crypto US Index
Uniswap (UNI) experienced significant volatility over the past 24 hours, initially rallying on June 11, 2025, in response to positive regulatory developments, including supportive comments from the SEC regarding DeFi innovation and the anticipated inclusion of UNI in the Nasdaq Crypto US Index. This optimism drove UNI to a four-month high, with prices reaching up to $8.66 and daily gains exceeding 17%. However, despite the initial surge, the latest Binance data shows UNI has since pulled back, currently trading at $8.073, down 4.88% from the previous 24-hour open of $8.487.
The recent price action reflects a rapid influx of trading activity, with daily volumes exceeding $1 billion and technical indicators showing strong but potentially overextended bullish momentum. The surge in Total Value Locked (TVL) to $2.73 billion and record on-chain swap volumes highlight growing ecosystem engagement. While regulatory optimism and increased institutional attention fueled the rally, the subsequent correction suggests profit-taking and short-term market consolidation as RSI approached overbought levels. Overall, UNI remains one of the most actively traded DeFi assets, with elevated volatility and strong underlying fundamentals driving continued market interest.