UNI Token Surges to Four-Month High After Regulatory Clarity and Smart Wallet Launch, Trading Volume Soars

Uniswap (UNI) experienced a significant rally following major developments, including the launch of its account abstraction smart wallet supporting Layer 2 networks and the conclusion of the SEC’s investigation, alongside new U.S. legislation clarifying that decentralized exchanges like Uniswap are not subject to securities regulation. These regulatory updates and product launches fueled strong buy-side momentum, pushing UNI to a four-month high of $8.66 on June 10, 2025, and driving heightened trading activity and bullish sentiment. However, according to Binance data, the price has since pulled back, with UNI currently trading at $8.052, down 4.55% over the last 24 hours from an open of $8.436, indicating profit-taking and short-term volatility after the recent surge. Despite the daily decline, UNI maintains elevated trading volumes and open interest, reflecting ongoing market interest and engagement following the recent positive developments.