UNI Token Surges 24% on Regulatory Optimism, DeFi Hub Launch, and Uniswap Foundation Innovation

Uniswap's UNI token has experienced a notable 24.13% price increase over the past 24 hours, with the current price on Binance at $8.199, up from a 24h open of $6.605. This sharp upward movement is attributed to several key factors: optimism following a recent SEC roundtable that signaled positive regulatory developments for DeFi projects, the broader rally across DeFi tokens, and the launch of the Binance DeFi Hub supporting Uniswap trading. Additional momentum has come from the Uniswap Foundation's introduction of the Uniswap v4 Hook Design Lab pilot grant program, which is fostering further ecosystem development and technical innovation.

Market activity is robust, with UNI's 24-hour trading volume exceeding $1 billion and the token ranking No. 21 by market capitalization. Recent price action shows UNI breaking out from a prolonged consolidation phase, with analysts highlighting strong bullish sentiment and significant upside potential if current trends persist.