UNI Token Surges 12.93% as SEC Signals DeFi Relief and Uniswap Launches Smart Wallet

Uniswap’s UNI token experienced a notable 12.93% price increase in the last 24 hours, primarily driven by positive regulatory signals from the U.S. SEC, where Chair Paul Atkins suggested potential regulatory relief for DeFi projects, and by Uniswap’s announcement of a new Smart Wallet product that enhanced investor sentiment. These developments fueled a surge in trading activity and optimism within the DeFi sector, resulting in heightened demand for UNI.

Currently, UNI is trading at $8.251 with a 24-hour trading volume of $1.18 billion, reflecting strong market participation and renewed confidence. The token reached a 24-hour high of $8.62 and has shown a 39.5% increase over the past week, supported by bullish technical indicators and increased daily active addresses.