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Uniswap Price Targets $9 as Dormant Wallets Awaken and Trading Volume Climbs

  • Uniswap's price action gains momentum as dormant tokens activity hits an all-time high of 73 billion in age consumed.
  • UNI price approaches $7.80, previously a strong resistance level, while average wallet age decreases by 7.2% suggesting re-entering long-held tokens into circulation.
  • Daily trading volume exceeds $426M, reinforcing growing short-term bullish momentum for UNI.
  • Dormant token activity on Uniswap spikes, signaling rising activity and potential price appreciation. Resistance at $7.80 may determine move towards $9, supported by increasing trading volume.

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