Latest Uniswap (UNI) Price Analysis

By CMC AI
09 September 2025 02:31AM (UTC+0)

Why is UNI’s price up today? (09/09/2025)

TLDR

Uniswap (UNI) rose 1.08% to $9.44 in the last 24h, outpacing the broader crypto market (+0.7%). Here’s why:

  1. DEX Volume Surge – Uniswap led August’s $368.8B DEX trading volume (BlockBeats), driving speculation around fee revenue.

  2. Technical Rebound – Price bounced near $9.15 Fibonacci support with bullish RSI divergence.

  3. Smart Wallet Adoption – Recent UX upgrades (one-click swaps) boosted protocol activity.


Deep Dive

1. DEX Volume Momentum (Bullish Impact)

Overview:
August saw DEX spot volumes hit $368.8B, with Uniswap processing $143B – its highest since January 2025. This aligns with a broader shift toward decentralized trading, where DEX-to-CEX volume ratios reached 0.25 (The Block).

What this means:
Higher volumes typically increase fee revenue for liquidity providers and UNI stakers, creating buy pressure for the token. The recent “Duna DAO” fee switch proposal (Assemble) has also reignited governance token utility debates.

What to watch:
September’s volume trends and any onchain governance votes to activate protocol fees.


2. Technical Support Hold (Mixed Impact)

Overview:
UNI rebounded from the $9.15 Fibonacci support (78.6% retracement level), with RSI(14) at 45.72 – avoiding oversold territory. The MACD histogram (-0.055) shows weakening bearish momentum.

What this means:
Traders may interpret the hold above $9.15 as a bullish reversal signal, especially with the 30-day SMA ($10.28) acting as next resistance. However, the 7-day EMA ($9.49) capped upside, suggesting near-term consolidation.


3. Product Upgrades & Cross-Chain Growth (Bullish Impact)

Overview:
Uniswap v4’s gas-efficient “hooks” and integrations with chains like Sei Network (Sei) have increased its multi-chain footprint. Smart wallet adoption reduced swap friction, contributing to 640M+ swaps YTD.

What this means:
Improved UX and cross-chain liquidity attract both retail and institutional users, reinforcing UNI’s position as the dominant DEX token.


Conclusion

UNI’s gains reflect DEX sector strength, technical buying at key support, and sustained protocol innovation. While macroeconomic factors (neutral Fear & Greed Index) limit euphoria, onchain activity suggests cautious optimism.

Key watch: Can UNI break above the $9.56 pivot point to target $10.70 (50% Fibonacci)? Monitor today’s closing price for confirmation.

Why is UNI’s price down today? (08/09/2025)

TLDR

Uniswap (UNI) fell 0.72% to $9.34 over 24h, underperforming the broader crypto market (+0.42%). The dip aligns with technical resistance, mixed DeFi sentiment, and muted catalysts.

  1. Technical Resistance at $9.50 – Failed breakout above key Fibonacci level

  2. DEX Competition Intensifies – PancakeSwap overtakes Uniswap in monthly volume

  3. Regulatory Overhang – SEC investigation closed but lingering uncertainty


Deep Dive

1. Technical Resistance (Bearish Impact)

Overview:
UNI faced rejection at the $9.50 Fibonacci 50% retracement level (from its August 2025 swing high of $12.26). The RSI at 43.44 shows neutral momentum, but the MACD histogram remains negative at -0.08297, signaling bearish pressure.

What this means:
Traders likely sold near resistance, exacerbating the 30-day downtrend (-14.49%). With the price below the 30-day SMA ($10.33), short-term sentiment remains cautious.

What to watch:
A sustained break above $9.50 could signal reversal; failure risks a retest of $8.80 (July 2025 low).


2. DEX Market Share Shifts (Mixed Impact)

Overview:
PancakeSwap processed $58.7B volume in August vs. Uniswap’s $143B, but its growth rate (+25% MoM) outpaces Uniswap’s (+5%). Newer chains like Unichain (Uniswap’s L2) saw $14B volume but face stiff competition from BNB Chain-based rivals.

What this means:
While Uniswap remains the DEX leader, faster-growing alternatives may dilute UNI’s upside potential. The 0.23 DEX/CEX volume ratio (per global metrics) highlights DeFi’s struggle to regain 2024 dominance.


3. Regulatory Fatigue (Neutral/Bearish)

Overview:
The SEC closed its Uniswap probe in February 2025 with no action, but the lack of clear U.S. crypto laws continues to weigh on governance tokens like UNI.

What this means:
Institutional capital remains hesitant despite Uniswap’s $3.82T lifetime volume. Recent whale withdrawals (e.g., $82M UNI moved to Coinbase in May 2025) suggest large holders remain risk-averse.


Conclusion

UNI’s dip reflects technical headwinds, sector rotation, and cautious positioning ahead of key events like the Uniswap v4 mainnet launch (expected Q4 2025). While protocol fundamentals remain strong – $6B TVL and $143B August volume – price recovery hinges on breaking technical barriers and renewed DeFi momentum.

Key watch: Can UNI hold $9.00 support amid rising competition from hybrid CEX/DEX platforms?

CMC AI can make mistakes. Not financial advice.