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Uniswap activity hits multi-year high as UNI price holds key $7 support zone.

Protocol Fundamentals
29 Oct 2026, 19:12 WIB
Dailycoin
View Source
Bullish
Uniswap activity hits multi-year high as UNI price holds key $7 support zone.

Uniswap's network activity surged to the highest level in a year, with daily active wallets reaching 14,591 and 13,137 new UNI addresses created in one day, marking the largest growth spike since 2020. This increase follows recent ecosystem upgrades and coincides with UNI trading near a critical $7 support level. Holding above $7 is crucial for sustaining momentum, with a potential target of $8 or higher if the price breaks above $7.50. Conversely, falling below $7 with declining activity could signal a temporary spike rather than lasting adoption. Technical analysis shows UNI retesting a key support zone, with a longer-term target of $18 if the support holds.

Uniswap's UNI token is trading at Rp135.687 on Pluang as of Oct 29, 2026 23:21 WIB, showing a 1-day gain of 5.97%. The market cap stands at Rp82,1 trillion, with a 24-hour trading volume of Rp6,85 trillion. Despite the recent surge in network activity, Pluang order activity shows a majority of 65% Sell versus 35% Buy, with a typical hold time of 65 days.

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