Uniswap’s UNI token is riding a geopolitical rollercoaster — but under the hood, DeFi might finally be catching a break.
In the past 24 hours, UNI dropped 6.36% to 7.39, with the culprit being Donald Trump’s fiery social media warning to Iran — hinting at the “risk of extinction.” The result? A wave of global market anxiety, with crypto, especially UNI, taking a hit.
The token saw a sharp 12.5% intraday dive (from 7.90 to 6.82), then bounced 9.5% back to 7.30, thanks to a spike in trading volume. But the bounce is fragile: UNI is dancing between key levels of 7.26 support and 7.50 resistance.
This isn’t just noise — short-term traders are glued to charts, and many have turned risk-off. High volatility means quick trades and high caution. Technical analysts are calling this a textbook “V-recovery,” but the macro risk still looms.
In a plot twist, while geopolitics spooked investors, the regulatory mood in the U.S. is shifting. Under new SEC Chair Paul Atkins, DeFi tokens like UNI are getting a second chance.
He’s introduced the idea of an “innovation exemption,” giving breathing room to projects like Uniswap. This is a U-turn from the Gensler era, when governance tokens risked being classified as securities.
Atkins calls DeFi “aligned with American values” — freedom, property, innovation. Translation: less red tape, more runway.
UNI’s real utility has been governance, but revenue-sharing had been stalled due to SEC fears. With the mood lightening, revenue distribution could finally go live.
Uniswap isn’t alone: AAVE is up 11%, SKY (MakerDAO) jumped 13%, and the trend is pushing ETH demand. In May alone, Uniswap volume hit 92B, and ETH is increasingly locked in DeFi.
The Ethereum tail is being wagged by DeFi now.
Have questions or want to collaborate? Reach us at: info@ath.live