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Uniswap sees record daily active addresses and network growth despite recent price dip.

Protocol Fundamentals
29 Oct 2026, 21:00 WIB
AMBCrypto
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Neutral
Uniswap sees record daily active addresses and network growth despite recent price dip.

Uniswap's daily active addresses hit a one-year high at 14,591, with 13,137 new UNI addresses created, marking the largest growth spike since 2020. Despite a recent 2% price drop to $7.04, UNI shows 24.8% year-to-date growth, with key support at $7 and resistance at $7.50. Network growth is driven by new features like Aggregator Hooks and VolatilePair Hooks, plus the upcoming Unichain upgrade, boosting trading efficiency and liquidity. However, October saw a sharp decline in total open interest from $600 million to $350 million, signaling reduced leveraged trading and mixed market sentiment. Investors should watch UNI's price and network activity closely for signs of sustained recovery or decline.

Uniswap's surge in active addresses highlights growing user interest even as the token price remains near $7. On Pluang, UNI trades at Rp131.903 with a positive 1-day change of 2.78% as of Oct 30, 2026 01:11 WIB. Market activity shows a strong sell bias at 95%, and the typical hold time is 65 days, indicating cautious investor behavior despite the network's expansion.

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