Uniswap (UNI) has experienced a notable price increase, reaching 10.62 USD, its first time above 10.00 USD since February. This growth signifies a positive trend in the DeFi market, driven by favorable new regulations in the U.S.
Strong investor interest in DeFi services has pushed UNI’s Total Value Locked to 5.75 billion USD and Open Interest in derivatives up by approximately 23%. The bullish setup includes key technical signals, suggesting confidence in further price gains.
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