UNI Token Sees 5.84% Pullback After Week of Gains, New Product Launches Drive Market Focus
In the past 24 hours, UNI experienced a price decline of approximately 5.84% (current price: $7.380; 24h open: $7.838 on Binance), following a period of strong gains earlier in the week driven by positive DeFi sentiment, technical breakouts, and favorable regulatory developments, including SEC commentary and the launch of new Uniswap products. The recent price correction appears to be a short-term consolidation after UNI’s rally, which was also supported by increased trading activity and new product listings such as the USDⓈ-Margined UNIUSDC Perpetual Contract on Binance Futures and the 21Shares Uniswap ETP launch in Europe. UNI remains one of the leading DeFi tokens, with a current market capitalization above $5.7 billion and 24-hour trading volume near $608 million, reflecting ongoing market interest despite recent volatility.