Uniswap (UNI) Skyrockets 40% to 4-Month High: What’s Driving It?

The Uniswap (UNI) token has just stolen the spotlight with its dramatic price increase, reaching its peak price in the last four months.

While the crypto market looks sluggish, UNI has shown an extraordinary performance that is hard to ignore.

Price Spike in the Midst of a Quiet Market

Based on information we quoted from Beincrypto media, on June 10, 2025, the price of UNI shot up 40%, touching US$8.66—the highest level since the beginning of this year.

Although it had slightly corrected to US$8.38, this token still posted a daily increase of 17%. This achievement stands out compared to the crypto market which tends to move slowly.

Market Indicators Show Optimism

The Uniswap (UNI) market is showing a strong bullish signal, supported by technical indicators that show the enthusiasm of market players.

The recent increase in the price of this token reflects the dominance of buyers, which is clearly visible from the funding rate data and other technical indicators, providing an optimistic picture for short-term price movements.

Funding Rate Increasingly Positive

According to Coinglass data, UNI’s funding rate recorded a figure of 0.013%, the highest level in the last 30 days.

This positive figure shows that traders with long (buy) positions dominate, indicating optimistic sentiment in the futures market.

Elder-Ray Index Shows Strong Buying Pressure

The Elder-Ray Index, a measure of buyer versus seller strength, shows a green histogram with a value of 3.01—the highest in a month.

This reflects strong buying pressure, strengthening the chances of UNI’s upward trend continuing in the near future.

Price Prediction: Is US$9.46 Next?

With the support of solid technical indicators and high market enthusiasm, UNI has the potential to break through the next resistance level in the range of US$9.46.

Even so, investors need to remain cautious of market volatility and conduct in-depth research before taking investment steps.