Here are some reasons why the Uniswap (UNI) coin may have increased in price:
- The US Department of Justice (DOJ) settled with Binance for $4 billion.
- The decentralized finance (DeFi) sector is at its highest valuation since August 2022.
- Uniswap Labs has seen an increase in revenue.
- Uniswap has been viewed as a more secure option compared to others.
- There have been recent protocol upgrades and new features added to Uniswap.