Uniswap's price fell nearly 4% to $6.73 after the attacker behind the Binance hack sold 7.02 million UNI tokens worth $39.63 million, increasing selling pressure in the crypto market. The attacker converted stolen altcoins into Ethereum, totaling about $158 million. Despite the sell-off, Standard Chartered analyst Geoffrey Kendrick sees potential long-term growth for decentralized exchanges like Uniswap, expecting increased trader interest and a $100 price target by 2030. UNI faces resistance near $7 and support around $6.25-$6.50, with further market volatility expected before stabilization.
As of Oct 30, 2026 17:01 WIB, Uniswap (UNI) trades at Rp122.391 on Pluang, down 4.62% in the last day with a market cap of Rp75,83 trillion. The platform shows a strong selling sentiment with 95% of order activity on UNI being sell orders and a typical hold time of 65 days. This selling pressure aligns with the recent price drop noted in the news, highlighting ongoing volatility in the token's market.
Standard Chartered predicts the $6.3 billion Binance hack will drive more crypto trading to decentralized exchanges (DEXs), especially Uniswap, as investors reassess risks of centralized platforms. Analyst Geoffrey Kendrick maintains a $100 price tar...
Standard Chartered reaffirmed its long-term $100 price target for Uniswap's UNI token by 2030, citing growing interest in decentralized exchanges (DEXs). The bank's digital assets research head noted that Binance's recent security breach might accele...
Uniswap's UNI token price increased by 6.94% over four hours to reach $6.75 on Binance, though it still showed a 3.57% decline over the full 24-hour period. The token is ranked 26th by market capitalization at about $4.14 billion. During the same per...
Geoffrey Kendrick, Standard Chartered's digital assets research head, said reports of a potential security issue at Binance could shift more crypto trading to decentralized exchanges like Uniswap. He maintained his $100 price target for Uniswap by 20...
Seven cryptocurrencies, including Pepe (PEPE) and Ethena (ENA), rebounded from recent lows after two large traders opened combined long positions worth about $7.1 million on Hyperliquid. PEPE rose about 12% and ENA about 10% from their lows, while Un...
