Uniswap Price UNI

#39

$5.50

-7.54%

Buy Now

Price Information

1 Year Change

-57.29%

All Time High

$45.01 -87.79%

Volume 24h

0.3 B $ -1.65%

Market Cap

3.3 B $ -7.54%

Buy Now

Price Alert

Create a price alert and never miss the best entry time again

Set Price Alert

About Uniswap

UNI Price Pulse: What’s Moving It?

Uniswap (UNI) is currently priced at $5.58, experiencing a 24-hour decline of 5.75%. With a market capitalization of approximately $3.35 billion, UNI remains one of the leading decentralized exchange tokens in the crypto space. The recent dip reflects broader market volatility impacting decentralized finance (DeFi) projects, alongside specific sentiment affecting decentralized exchanges.

Several factors are influencing UNI’s price right now. Market-wide corrections and uncertainty around regulatory developments in the cryptocurrency sector have heightened investor caution. Additionally, shifts in trading volumes on the Uniswap platform itself can impact token demand. Negative sentiment towards high gas fees on Ethereum, where Uniswap operates, may also be contributing to the downward pressure on UNI.

UNI Price Catalysts: Bull Case & Bear Case

Bull Case: Uniswap benefits from its strong position as a decentralized exchange leader, with widespread adoption and continuous upgrades such as UniSwap v3 which enhances capital efficiency. The ongoing growth in DeFi sectors and increasing user adoption could drive demand for UNI tokens as governance and fee-earning mechanisms become more attractive. Strategic partnerships and improvements in Ethereum layer-2 scaling solutions could lower transaction costs, enhancing Uniswap’s usability and investor confidence.

Bear Case: Conversely, significant regulatory scrutiny on decentralized exchanges could limit Uniswap’s growth potential. Competition from other decentralized and centralized exchanges may erode market share. Persistent high Ethereum gas fees could deter trading activity on Uniswap’s platform. Market-wide crypto downturns and reduced investor appetite for riskier assets like DeFi tokens may further pressure UNI’s price negatively.

Frequently asked questions

Why is Uniswap going down right now?

Uniswap’s recent price decline is largely due to overall market volatility, regulatory concerns affecting the crypto sector, and user hesitation linked to high transaction fees on the Ethereum network.

What influences Uniswap’s market cap?

Uniswap’s market capitalization is directly influenced by the current price of UNI multiplied by the total tokens in circulation, which fluctuates depending on market demand and supply.

Is UNI a good long-term investment?

UNI’s long-term potential depends on the growth of decentralized finance, Uniswap’s technological advancements, and the ability to navigate regulatory challenges. Investors should conduct thorough research and assess risk tolerance.

How does Uniswap generate value for UNI holders?

UNI holders benefit through governance rights, potential fee earnings from liquidity provision, and the platform’s growth which may increase the token’s value over time.

Can Ethereum gas fees affect UNI’s price?

Yes, since Uniswap operates on the Ethereum blockchain, high gas fees can reduce trading activity on the platform, negatively impacting demand and price of UNI.

What role do upgrades like UniSwap v3 play in UNI’s outlook?

Upgrades such as UniSwap v3 improve capital efficiency and user experience, which can enhance adoption and increase the intrinsic value of UNI tokens, supporting a positive price outlook.

Popular Uniswap Exchanges

View All

Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.

Rating:

2.9

Reviews:

eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.

Rating:

3.2

Reviews:

KuCoin is one of the world's top ten largest cryptocurrency exchanges, allowing you to buy, sell, and trade 700+ crypto assets.

Figure Markets is a new crypto trading platform where users fully control their own funds, with low trading fees and up to 8% interest on stablecoins.

Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.

Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.

Rating:

4.9

Reviews:

Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.

Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.

Rating:

2.8

Reviews:

Wirex is a digital payments platform that bridges crypto and traditional finance, letting users buy, hold, and spend both fiat and digital currencies with a single card.

Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Rating:

3.5

Reviews: