Uniswap ($UNI) rose by 24% to 7.74 USD, rebounding from a previous low of 6.26 USD. The boost in trading volume to over 350 million USD daily is due to improved regulatory frameworks and the successful launch of Uniswap v4, attracting institutional investors.
Factors indicate a potential pullback if Uniswap cannot maintain prices above 7.60 USD. Profit-taking pressures are noted as the market evaluates sustainability post-rebound, especially with a noted decrease in trading volume.
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