$UNI

As of November 8, 2024, Uniswap's UNI coin is trading at around $9.10. It has shown a strong performance in recent months, notably increasing by 25% after the launch of Uniswap's layer-2 solution, Unichain. This new blockchain is designed to improve transaction speed and cost, boosting adoption and trading volume. Uniswap’s trading volume surged, with active addresses increasing by over 580%, reflecting the growing demand for UNI tokens due to this new development.

In the short term, the price is expected to remain volatile. For instance, UNI could reach around $12.49 by early December 2024, according to analysts.

Looking at the long-term potential, predictions suggest UNI might reach much higher levels.

The continued growth of DeFi and Uniswap’s role in Ethereum's ecosystem through innovations like Unichain indicate strong long-term potential for UNI.