Key Highlights
- UNI has rallied 18.54% over the past 24 hours, currently trading near $3.19 with market capitalization approaching $2 billion.
- A new collaboration with Arc brings stablecoin liquidity infrastructure, leveraging Uniswap’s $4.4 trillion in cumulative trading volume.
- Open Interest in futures contracts expanded from $152 million to $168 million, signaling increased market participation.
- Standard Chartered’s Geoff Kendrick projects UNI reaching $6.50 by December 2025 and $100 by the end of 2030.
- Chart patterns reveal diminishing bearish momentum, with MACD and RSI indicators turning positive and resistance forming at $3.37.
Uniswap (UNI) is currently changing hands at $3.19, marking an 18.54% gain over the past 24 hours. This surge continues a six-day upward trajectory that began from June’s bottom near $2.33.
Daily trading activity has reached $726.93 million, while the token’s total market valuation hovers around $2 billion.
The cryptocurrency sector has entered a risk-positive phase, with Bitcoin pushing past $67,000. Reduced geopolitical uncertainty has contributed to the shift, particularly following reports of a virtual peace framework between the US and Iran that reopens the Strait of Hormuz and initiates 60 days of nuclear discussions.
Arc and Uniswap Unveil Stablecoin Liquidity Collaboration
Uniswap revealed a strategic alliance with Arc on Monday, a platform designed for financial applications, stablecoin operations, and artificial intelligence-driven models. This collaboration provides Arc’s user base with access to swap technology backed by more than $4.4 trillion in historical trading activity, including API integration.
Uniswap announced the collaboration through its verified X account, emphasizing that it delivers “deep liquidity on the chain purpose-built for stablecoins.”
Cryptocurrency market analyst World Of Charts noted on June 16 that UNI is nearing a critical confluence area where a descending trendline intersects with horizontal resistance. The analyst suggests that breaking through this zone could potentially double the token’s value in the months ahead.
Open Interest in futures markets climbed to $168 million on Tuesday, compared to $152 million a day earlier. The metric averaged $135 million on Friday, indicating consistent growth in active trader positions.
Standard Chartered Issues Multi-Year Price Projections
Geoff Kendrick, an analyst at Standard Chartered, released price forecasts on Monday. His analysis points to UNI hitting $6.50 by the close of 2025 and ascending to $100 by 2030.
Kendrick’s thesis positions Uniswap as fundamental infrastructure for conventional finance rather than merely a retail-focused trading platform. He highlighted the expanding use of tokenized assets and Wall Street’s increasing engagement with decentralized finance (DeFi) ecosystems.
The Relative Strength Index (RSI) has rebounded to approximately 54 on daily timeframes, exiting oversold conditions. The MACD histogram has shifted into positive range, indicating that selling pressure is subsiding.
UNI recently climbed above the central Bollinger Band positioned at $2.77, while the upper band currently rests at $3.22. The expanding distance between these bands suggests heightened price volatility.
Critical resistance zones include the 50-day exponential moving average at $3.03 and the 61.8% Fibonacci retracement level around $3.37. Support is established at the 78.6% Fibonacci mark near $2.91, with stronger support positioned at $2.33.
As of this writing, Uniswap’s price has pushed above the upper Bollinger Band threshold of $3.22.
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