Uniswap price stabilized at 6.18 USD, marking a 26% increase from the previous day. This surge suggests strong buyer interest and establishes a stable platform for further price movement.
The Total Value Locked (TVL) in Uniswap rose to 4.58 billion USD, alongside a significant increase in daily token volume to nearly 500 million USD and open interest in futures climbing to 359 million USD, indicating growing market activity.
The technical analysis shows a double-bottom pattern establishing potential for further gains, with a projected target of 7.38 USD, approximately 20% higher than current trading levels.
Leave a Reply