UMA Token Soars 25.56% in 24 Hours, Outperforming Market With $85.9M Trading Surge

UMAUSDT experienced a significant price increase of 25.56% over the last 24 hours, with the current price at 1.626 USDT on Binance. This surge follows a period of heightened trading activity and volatility, including a sharp price decline on June 4, 2025, and a rapid recovery driven by renewed market interest and bullish technical momentum. The increased attention on social media and reports of a technical breakout above resistance have contributed to the positive sentiment and strong buying pressure. UMA's trading volume in the past 24 hours reached approximately $85.9 million, and the asset has outperformed the broader cryptocurrency market with a 49% gain over the past week, reflecting robust short-term performance and resilience after recent volatility.