The post Uniswap Price Targets $9 as Dormant Wallets Awaken and Trading Volume Climbs appeared on BitcoinEthereumNews.com.

TLDR: Dormant token activity on Uniswap just hit an all-time high of 73 billion in age consumed. UNI price is testing $7.80, a level that previously acted as a strong resistance zone. Average wallet age dropped 7.2%, indicating long-held tokens are re-entering circulation. Daily trading volume exceeds $426M, reinforcing UNI’s growing short-term bullish momentum. Uniswap’s price action has gained momentum amid renewed network movement and investor interest.  After showing a steady climb since late June, UNI is now nearing a key resistance area that could shape its short-term direction. Dormant wallet activity has reached record levels, signaling that long-held tokens are returning to the market.  Historical patterns suggest such moves often coincide with rising prices and higher trading volumes. As momentum builds, traders are closely watching the $7.80 level, which could determine whether UNI moves smoothly toward $9. Uniswap Dormant Token Shift Signals Rising Activity According to blockchain data analytics firm Santiment, Uniswap saw its highest-ever spike in “age consumed,” a metric tracking tokens moved from inactive wallets.  Nearly 73 billion in token age was consumed, leading to a sharp 7.2% drop in average wallet age. This shift often points to tokens returning to circulation, which can precede higher trading volumes and price movement. Uniswap’s marketcap has climbed +21% since June 22nd. And its network has just seen a historic spike in dormant activity. 72.95B in age consumed (amount of tokens moved multiplied by how old those tokens are) is the highest $UNI dormant spike of all-time. This age consumed… pic.twitter.com/cTTuX2u0Kg — Santiment (@santimentfeed) July 9, 2025 Santiment noted that such dormant token spikes frequently align with network activity bursts, often setting the stage for price appreciation. The change suggests that long-term holders may be repositioning, potentially anticipating favorable market conditions. Chart analyst CW highlighted that Uniswap’s current price action…

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Filed under: News - @ July 9, 2025 6:28 am