UNI Token Climbs 39.5% Weekly Despite 3% Dip, Fueled by $88.8B Uniswap Trading Surge

Uniswap (UNI) experienced significant price volatility in the past 24 hours, with the price currently at $7.795 on Binance, down 3.12% from the 24h open of $8.046. The recent price decline follows a period of strong upward momentum attributed to record May trading volumes of $88.8 billion, renewed investor optimism, and positive regulatory sentiment from the June 9, 2025 Crypto Roundtable where SEC Chair Paul Atkins expressed support for DeFi innovation. Earlier in the week, UNI saw a surge driven by bullish technical indicators, increased long positions, and heightened demand for decentralized exchange services. However, after reaching a four-month high of $8.66, the token has seen a pullback, likely due to profit-taking and short-term market corrections following rapid gains.

Currently, UNI maintains robust market activity with a 24-hour trading volume of approximately $545.9 million and a market capitalization near $5.7 billion, ranking 21st by market cap. Despite the recent daily decline, UNI remains up nearly 39.5% over the past week, reflecting strong overall market interest and ongoing relevance in the DeFi sector.