TradingKey – Uniswap continues its rally, gaining over 18% this morning. Could UNI have even more upside potential?
On Wednesday, June 11, the price of Uniswap (UNI), the leading decentralized exchange (DEX) token, soared more than 18%, hitting a high of $8.67, its highest level since March.
UNI Price Chart – Source: TradingView.
On Monday, June 9, the U.S. SEC announced during the "DeFi and the American Spirit" roundtable that it is developing an exemption framework for DeFi innovation. This news reignited the entire DeFi sector, sending UNI and other decentralized exchange tokens surging.
This morning, Uniswap engineer Tarik revealed that the Uniswap Smart Wallet is set to launch soon, featuring support for large transactions, gas abstraction, and future expansion capabilities. This development further fueled UNI’s price increase, bringing its three-day cumulative gain to 38%. With DeFi enthusiasm on the rise, analysts predict UNI may climb another 15% to reach $10.
Related Articles
What is the Future of Stablecoins? Here are Some Stablecoin Stocks to Watch
With regulations solidifying, institutional money flowing in, and global market expansion accelerating, stablecoin-related stocks could experience unprecedented growth.
[HOTSPOT ANALYSIS] ECB June Policy Rate Commentary: Euro Dynamics Driven by the Fed, Not the ECB
TradingKey - On 5 June 2025, the European Central Bank (ECB) met market expectations by reducing interest rates by 25 basis points, bringing the deposit facility rate to 2%.
Apple FY2025 Q2 Earnings Preview: Can It Thrive in a Trade War Storm?
TradingKey - As Apple ready to release its Q2 FY2025 earnings, the tech giant stands at a crossroads, navigating a landscape shaped by robust fundamentals, escalating trade tensions, and intensifying competition. With its iconic brand and formidable cash flow, Apple remains a cornerstone of the...
Tesla Q1 2025 Earning Report Review: Autonomous Driving and Robotics Lead Future Growth
TradingKey - Tesla's Q1 2025 earnings results revealed short-term financial pressure, with core data lower than market expectations, and both revenue and profitability facing challenges. Against the backdrop of sales and profit pressure, Musk remains confident in Tesla's future.
Ten Questions About the U.S. Debt Ceiling: What Is the X-Date? How Does It Differ from a Government Shutdown?
TradingKey — As U.S. borrowing continues to surge, breaching the statutory debt ceiling, the Treasury Department under Janet Yellen has been relying on cash reserves and extraordinary measures since early January 2025. However, these temporary solutions are nearing exhaustion. The so-called X-date..
