The tweet was deleted by the author.
But we saved everything 🙂.
Uniswap (UNI) is trading at $3.623, gaining $0.138 or 3.96% over the previous close, reflecting a strong daily advance. Since the market open, UNI climbed close to its intraday high of $3.606, up nearly 4% intraday, with robust buying interest driving volatility. The rise is supported by short- and medium-term bullish technical momentum, strong on-chain activity, and heightened community engagement following the latest governance proposals. Hayden Adams' positive commentary regarding rising volumes on Robinhood Chain is also contributing to market optimism, adding further weight to the ongoing rally.
Hayden Adams notes that trading volumes in the largest RWA pool on Robinhood Chain have surged, highlighting the $3.5 million daily volume in the NVIDA/USDG Uniswap v4 pool. This matters because it signals increased adoption and liquidity for UNI, which can enhance protocol revenue and token value. Market action has validated this optimistic sentiment as on-chain voting regarding protocol fee collection and UNI token burn expansion is underway, backed by strong community support and robust Uniswap volumes on Robinhood Chain since its July 1 launch. Additional governance proposals to route new protocol revenue into the UNI burn mechanism, along with a record one-day UNI burn, further strengthen the positive outlook.
UNI is trading above both the MA-20 ($3.3630) and MA-50 ($3.0327) but just below the MA-200 ($3.6508), signaling short- and medium-term bullish momentum with long-term resistance nearby. Closest dynamic support is seen at $3.2825, with resistance aligning at the MA-200 level of $3.6508. MACD indicates a strong buy signal, and the RSI confirms bullish conditions, though some oscillator divergence remains. The 5-day forecast projects UNI trading within a moderately rising range between $3.35 and $3.74, and the fundamental signal from the tweet supports the overall technical outlook.
Previously it was reported that Uniswap’s technical outlook was characterized by indecision, with buyers remaining active in the medium term but overall sentiment skewed toward weakness amid rising governance-driven protocol activity. In light of recent developments, traders should watch for shifts in momentum that could trigger a move out of the current consolidation, with particular attention to any sustained breakout above near-term resistance levels.