Gradual Rollout of Uniswap v4 Begins
Uniswap Labs announced that developers will begin testing version 4 this week. "The goal is to allow builders to test new hooks and on-chain integrations," the team stated. Complete deployment of all contracts is planned within the next seven days, with the official launch expected next week.
The new version, v4, introduces architectural improvements and extends the capabilities of v3, with hooks and singleton as key innovations.
Key Technological Innovations: Hooks and Singleton
Hooks will enable developers to add new features to the Uniswap blockchain, enhancing the customization of functionality within liquidity pools.
Singleton is a new liquidity architecture that streamlines liquidity management by consolidating it into a single smart contract.
The Uniswap team explained:
"The combination of hooks and singleton architecture delivers an incredibly powerful platform – fast, secure pool customization, and efficient routing across multiple pools."
Flash Accounting Model: Significant Gas Cost Reductions
Version 4 will also introduce a new flash accounting model, significantly reducing transaction costs. While v3 required asset transfers after every swap, the new model processes only the final on-chain balances.
Positive Reception from the UNI Community
The v4 deployment has revitalized optimism within the UNI token community. After the launch was delayed in 2024 due to security reviews, the rollout is now fully underway. The UNI token price is already reflecting this positive sentiment.
UNI Price Action: Targeting $20?
Currently, UNI is trading at $13.28, marking a modest increase over the past 24 hours. The token has tested the critical resistance level of $15 three times, most recently on January 18, 2025.
Bullish Scenario:
If UNI closes above the $15 mark, it could pave the way to break the next resistance level at $20, representing a potential 50% increase from its current price.
Technical indicators support the bullish outlook:
MACD (Moving Average Convergence Divergence) shows improvement with declining red histogram bars.RSI (Relative Strength Index) suggests UNI is still trading below overbought levels, leaving room for further price increases.
Market Influence on UNI
The current sentiment in the cryptocurrency market is optimistic, with BTC holding above $105,000. The anticipated "altcoin season" could bring substantial gains for altcoins, including UNI, in the coming weeks.
Conclusion: UNI on the Brink of Significant Growth
The deployment of Uniswap v4 this week marks a major milestone for UNI. With its innovations and improved efficiency, the token has a strong chance of recovery, and the $20 target price is now within reach. If the market remains bullish, UNI could experience significant growth in the near future.
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