UNI Surges 1.85% as Whale Accumulation and Record Protocol Volumes Fuel Upward Momentum
Uniswap (UNI) is trading at $6.812 on Binance, up 1.85% over the past 24 hours with a 24-hour trading volume of approximately $635.6 million and an estimated market capitalization near $4.09 billion. The recent price increase is attributed to sustained on-chain accumulation, including large withdrawals from Binance by whales, positive momentum following Uniswap's break above key resistance levels, and strong protocol activity such as record monthly volumes and robust Q1 financial results. These factors, combined with renewed whale activity and broader market optimism, have contributed to UNI's short-term upward trend.