UNI Token Pulls Back 6% After 39% Weekly Surge, Maintains Strong Liquidity and Market Interest

Uniswap’s UNI token experienced a 6.31% price decline over the last 24 hours, with the current price at $7.084 and a 24-hour open of $7.561 (Binance data). This short-term pullback follows a period of significant gains, as UNI surged over 39% in the past week, driven by a decisive breakout above key resistance levels and renewed bullish sentiment in the DeFi sector. The recent price drop is likely a result of profit-taking after the rapid rally, as well as market-wide volatility and consolidation following UNI’s strong upward momentum earlier in June. Trading volumes remain high, averaging $700–$875 million across major platforms, and the circulating supply is near 600 million UNI, with a market cap ranging from $4.44 to $6.05 billion depending on the source. Despite the recent dip, UNI maintains strong liquidity and investor interest, supported by its leading position in the decentralized exchange market.