Uniswap (UNI) Surges to $10.38 After Record 72.95B Dormant Token Movement and Technical Breakout
The post Uniswap (UNI) Surges to $10.38 After Record 72.95B Dormant Token Movement and Technical Breakout appeared on BitcoinEthereumNews.com.
Joerg Hiller
Jul 20, 2025 02:57
UNI rallies 3.38% to $10.38 following massive dormant token awakening and bullish technical breakout above key resistance levels in July 2025.
Uniswap (UNI) Surges to $10.38 After Record 72.95B Dormant Token Movement and Technical Breakout Executive Summary Uniswap (UNI) has demonstrated exceptional strength in July 2025, climbing to $10.38 with a 3.38% daily gain as the decentralized exchange token capitalizes on unprecedented network activity and technical momentum. The recent surge follows a remarkable awakening of 72.95 billion dormant UNI tokens and a successful breakout above critical resistance levels, positioning the asset for potential further upside toward the $14 target zone. Recent Market Developments Record Dormant Token Movement Signals Renewed Interest The most significant catalyst driving UNI’s recent performance has been the extraordinary movement of 72.95 billion dormant tokens on July 9, 2025. This unprecedented network activity represents one of the largest dormant token awakenings in Uniswap’s history, indicating a substantial shift in holder behavior and potentially signaling increased institutional or whale interest in the protocol. Such massive token movements typically occur during periods of significant market transitions, suggesting that long-term holders are repositioning their assets in anticipation of major price movements. The scale of this dormant token activity has created positive market sentiment and contributed to the subsequent price appreciation that pushed UNI above the $10 threshold. Technical Breakout Materializes Following the dormant token movement, UNI achieved a crucial technical milestone by breaking above the $7.56 resistance level that had previously acted as a significant barrier. This breakout, which began materializing in mid-July, has opened the path toward the next major resistance zone around $14.02, representing potential upside of approximately 35% from current levels. The successful breach of this critical inflection point has validated the bullish…
Filed under: News - @ July 20, 2025 3:24 am