UNI Token Drops 13.78% Amid Record Volumes and Surging DeFi Activity on Binance

Uniswap (UNI) experienced significant volatility over the past 24 hours, with the price dropping 13.78% from a 24-hour open of 8.119 to a current price of 7.000 on Binance. This decline follows a period of heightened trading activity, record monthly volumes, and strong investor sentiment driven by positive DeFi sector developments, regulatory clarity, and technical indicators signaling bullish momentum earlier in the week. The recent price correction may be attributed to profit-taking after UNI’s sharp rally, which saw it lead major tokens with notable gains and increased open interest in derivatives markets. Despite the pullback, Uniswap maintains a high trading volume and remains a leading decentralized exchange token, reflecting ongoing market interest and elevated activity levels.