UNI Token Surges on SEC DeFi Endorsement, Then Retreats 4.7% Amid Profit-Taking and High Volatility
Uniswap (UNI) experienced significant price volatility over the past 24 hours, initially rallying on June 11, 2025, following positive regulatory comments from the US SEC Chair endorsing DeFi innovation and clarifying that voluntary staking and mining are not considered securities. This regulatory support contributed to strong bullish sentiment and a surge in UNI’s price, with technical indicators such as high funding rates and positive momentum readings signaling robust buy-side activity. However, according to the latest Binance data, UNI is currently trading at 7.893, down 4.73% from the 24-hour open of 8.285, indicating a pullback after the initial rally. The recent price decline may be attributed to profit-taking following the sharp gains and broader market consolidation, despite ongoing high trading volumes and sustained investor interest in the DeFi sector. Overall, UNI remains an actively traded asset with notable recent gains but is currently experiencing a short-term correction in line with typical market dynamics after rapid upward movements.