Some of the top digital assets execs are heading to a meeting this week with U.S. Senate Democrats to see about getting the market structure bill moving.
This could simplify the user experience, removing the need to use complex bridges or switch between different wallets and applications
This aims to address fragmentation in DeFi especially between Solana and Ethereum ecosystems, Uniswap noted.
Protocols are trying to make token design matter again and are actively routing value back to holders.
This represents a 76% increase over six months, with established players like Uniswap, Aave, and Ethena leading fee generation.
The bank’s regulated stablecoins EURCV and USDCV will be used in DeFi lending and trading.
The entity, named “DUNI,” is designed to support off-chain operations while preserving Uniswap’s decentralized governance.
The DeFi Education Fund and a16z proposed a safe harbor that could clarify broker rules for blockchain apps, such as Uniswap and OpenSea.
The DEX has generated $122 million in fees over the past 30 days.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The proposal calls for $16.5 million worth of UNI to be transferred to the new legal entity to settle tax obligations with the IRS and fund legal cases.
Lader helped steer Uniswap through rising scrutiny toward a more favorable U.S. regulatory climate.
Monthly DeFi fees have climbed to approximately $577 million in recent months, representing a notable recovery from the April low.
Anchorage Digital Porto wallet institutional users can swap tokens and access DeFi liquidity directly, removing reliance on third-party platforms.
UNI posted seven weekly gains in eight weeks, reversing its 2025 downtrend with a 70% rally from April lows and forming a V-shaped recovery pattern this week.
UNI broke above $7.70 early Monday, extending its rally as a crypto analyst pointed to breakout momentum and set a potential upside target near $10.
Uniswap (UNI) reversed steep losses after a flash crash but slipped again as Trump warned of “more brutal” strikes against Iran.
In a recent update shared by Crypto Man MAB on X, UNI’s price action has taken a bullish turn. The token is currently trading at $8.403, up 1.82% (+$0.150), and has managed to break past the previous resistance range of $ 7.50–$ 8.00. This upward movement signals growing buying interest, and that momentum could be building for a stronger push ahead. Key Support And Resistance Levels Define UNI’s Next Move In his analysis, Crypto Man MAB highlighted UNI’s evolving price structure, pointing to key support and resistance levels. The immediate support is seen around $7.103, which marks the 24-hour low. If UNI pulls back further, stronger support may be found near $6.500, a level that has previously attracted buying interest and could act as a safety net for bulls. Related Reading: Uniswap (UNI) Blastoff At Hand? The Sleeping Giant Awakens At $4.6 Support On the upside, resistance stands near $8.677, the recent 24-hour high. This zone is currently capping the rally, but if buying momentum persists, UNI could target the $9.0 mark next. While this level presents a psychological barrier, it also aligns with short-term bullish projections, adding more weight to its significance. In terms of market activity, Crypto Man MAB noted a notable increase in trading volume, which aligns with UNI’s recent price surge. This volume spike suggests that buyers are stepping in with strong conviction, reinforcing the strength behind the upward movement. A sustained high volume typically validates price action, which supports the argument for a potential rally continuation, provided the momentum holds and no major resistance halts the trend. Breakout Signals Strength, But Long-Term Caution Lingers According to the analyst, the UNI chart shows a shift from a period of consolidation into a noticeable upward breakout. The recent dominance of green candlesticks points to growing bullish moves and renewed buying pressure in the short term. Related Reading: Uniswap Stays On Course For More Gains – $12.3 Resistance In Sight However, the longer-term trend suggests a more cautious outlook. Over the last 180 days, UNI has declined by 53.31%, and its one-year performance shows a decrease of 18.98%, indicating that the asset has been in an overall downtrend despite recent gains. Presently, the Simple Moving Average (SMA) is demonstrating increased trading activity, which aligns with the positive price movement and supports the current bullish sentiment. This rise in volume may strengthen the case for a possible continuation of the ongoing upward trend, but traders should remain alert to any shifts in momentum. In conclusion, Crypto Man MAB noted that UNI is showing short-term upward strength, but the broader trend remains uncertain. However, a clear breakout above the $8.677 resistance level would be a strong signal for continued upside. Featured image from Medium, chart from Tradingview.com
Circle's IPO highlights the value of holding both crypto assets and crypto-related equities, according to Bitwise CIO Matt Hougan.
Positioning across crypto markets doesn't suggest a top, but neither does it seem ideal for continued rally.
Market observers heralded the SEC Chair Atkins' comments as positive development for the sector, with Binance founder CZ saying that June 9th "will be remembered as DeFi day."
UNI tumbles after strong intraday rally fades, with sellers regaining control and critical support levels now under pressure.
Uniswap’s UNI breaks key resistance on explosive volume as whales enter long positions, signaling renewed bullish momentum in Ethereum-based tokens.
A spike in buying volume helped UNI overcome early volatility and challenge short-term resistance, with bulls defending key support despite macroeconomic turbulence.
Uniswap's UNI token recovers from earlier losses as buyers step in near support despite mounting macroeconomic pressure and rising geopolitical risk.
Uniswap’s token briefly plunged on heavy volume, breaking support near $6.00 before buyers stepped in to reverse the slide.
Institutional investors show mixed signals on UNI as global trade tensions fuel sharp intraday volatility and volume spikes across key support and resistance zones.
In a fresh post shared on X, crypto analyst First1Bitcoin drew attention to Uniswap’s (UNI) recent market behavior, noting that the token appears to be gaining strength following an extended period of sideways movement. According to the analyst, this prolonged accumulation phase may be setting the stage for a significant breakout. The chart, as highlighted in the post, is beginning to show encouraging signs of bullish pressure. With price tightening near key resistance levels, the conditions appear ripe for a potential upward surge, provided that buying momentum continues to build. Key Technical Levels In Sight As Uniswap Gathers Strength First1Bitcoin highlighted several critical technical levels that could shape Uniswap’s next major move. He noted that the current price of UNI moved back $6.83, reflecting a market that’s gradually gathering momentum after a prolonged period of consolidation. Related Reading: Uniswap (UNI) Blastoff At Hand? The Sleeping Giant Awakens At $4.6 Support The analyst placed strong emphasis on two critical price levels that could shape UNI’s trajectory in the coming weeks. The first breakout target is set at $12, a level that stands as both a psychological barrier and a technical milestone. If Uniswap breaks above this zone, it could ignite fresh bullish sentiment and potentially mark the beginning of a sustained upward move. However, the real test comes at the $15 – $16 resistance zone, which the analyst described as a major obstacle. A move into this region could trigger heightened volatility, as many traders may look to secure profits while others gauge the strength of buyer conviction. Importantly, Uniswap remains below its long-term downtrend line, which has acted as a ceiling for upward movement over the past several months. A breakout above that trendline could change the game entirely, opening the door for a much larger rally. Momentum Builds On A Firm Foundation In his concluding statement, the analyst emphasized growing optimism surrounding UNI’s price action. He noted that the accumulation base, where buyers have been steadily building positions, continues to hold firm, acting as a solid foundation for potential upside movement. This resilience suggests that sellers are losing control, and the market may be primed for a bullish shift. Related Reading: Uniswap (UNI) In Trouble? Price Crash Below $6.7 Signals Bigger Problems He further highlighted early signs of bullish momentum, with improving technical indicators and price stability suggesting increasing buying interest. This momentum, combined with the prolonged consolidation phase, often precedes a significant breakout. “Watch this zone closely,” the analyst advised, hinting that UNI could be on the verge of a strong rally. If the token maintains its current support and gains upward traction, it may break through key resistance levels and initiate a meaningful uptrend in the sessions ahead. Featured image from Pngtree, chart from Tradingview.com
Despite heavy selling pressure, whale interest and Uniswap v4 developments suggest investors are still paying attention to the protocol’s long-term potential.
It comes as the altcoin season index has risen from 12 to 25.