$UNI

Uniswap (UNI) is currently trading at $8.90, with a 24-hour price range of $8.68 to $9.31. Over the past month, UNI has shown a 19.76% gain, although its weekly performance is down by 3.32%. The token's market cap stands at approximately $5.35 billion, ranking it as the 29th largest cryptocurrency by market capitalization.

The market sentiment for UNI is bullish, with 87% of technical indicators suggesting positive momentum.

Key resistance levels to watch are $9.56 and $10.15, with support at $8.59. UNI is expected to rise about 10% in the short term if current trends hold.

Uniswap is a pioneer in the decentralized finance (DeFi) space and is integral to the Ethereum ecosystem as a leading decentralized exchange. Its unique model allows users to earn from liquidity pools without intermediaries. Long-term benefits include:

The broader adoption of DeFi could drive demand for UNI, benefiting holders.

UNI holders influence the governance of Uniswap's protocol, giving them a stake in its evolution.

Uniswap continues to release updates that enhance usability and efficiency.

Uniswap's all-time high was $44.92 in 2021. Although it has retraced significantly, many analysts believe it could revisit double-digit territory as DeFi adoption grows. If broader crypto markets turn bullish, UNI could potentially rise back to $15–$20 within a few years.