Recently, the Uniswap network recorded a notable event that attracted strong attention from the global cryptocurrency community: more than 72.95 billion UNI tokens that had been 'frozen' for a long time suddenly moved. This is an unusual milestone, causing analysts to buzz about the growth potential of the UNI token in the future. After rising by 20% and currently trading around $7.69, this price increase could just be the beginning of a strong and sustainable growth cycle. Some experts even predict that UNI could reach a peak price of up to $45.74 by 2025.
Positive signals
According to a report from Santiment, the Uniswap network has just experienced an unprecedented surge in the movement of inactive tokens. The 'consumption age' index of the UNI token reached a record high of 72.95 billion, the highest figure in Uniswap's history. This spike could be an early sign of market recovery, as tokens that have been inactive in wallets for a long time begin to move again. This could drive trading volume significantly, creating lively buying and selling on the exchange.
Market history shows that whenever there is movement of inactive tokens, it is often followed by a significant increase in trading activity, thus creating momentum for the asset's price to grow strongly. Notably, UNI has recorded a 20% growth in the past few weeks, indicating that market strength is gradually returning. These are positive signals, opening up strong growth opportunities for the UNI token in the near future.
The movement of old tokens has caused the average age of UNI wallets to drop sharply, from 1,175 days to just 1,090 days, marking a decrease of 7.2% in just one night. This means that wallets that have held UNI for about three years are starting to become active again, a clear signal of renewal within the network. Market history shows that when this change occurs, the value of UNI tends to experience strong growth in the near future, as old tokens are brought back to market and stimulate new trading flows.
Whale trading increased by 1,713%, what will happen to UNI's price?
Currently, the price of UNI fluctuates between $7 – $7.9, indicating that the market is still uncertain and has not yet identified a clear trend. However, some experts remain optimistic about UNI's prospects, forecasting an average price of $11.48 by 2025, with optimistic scenarios suggesting that the value of this token could reach $45.74.
With the current RSI at 59, UNI still has plenty of room to continue increasing in price before approaching the overbought region. If the RSI surpasses the threshold of 65, this could indicate a further strong price increase. Breaking the resistance level at $7.62 – $7.65 could create momentum for the price to rise to $8, especially as support from higher trading volume boosts growth momentum.
An important factor that cannot be overlooked is the strong participation of Uniswap whales. Data from Sentora shows that UNI whale trading has soared by 1,713% in the past 24 hours, pushing trading volume to 58.36 million UNI, equivalent to a value of $431.07 million. This trading level is double the previous record in a week, reflecting strong participation from major investors. This sudden change could be a precursor to a period of strong price volatility in the coming days, as whales prepare for significant adjustments in the market.
Uniswap V4, the latest version of the protocol, has improved gas efficiency and token swap effectiveness compared to the previous version, Uniswap V3. This makes the Uniswap platform more attractive for large-volume transactions, boosting participation from major investors and stable growth in the future.