Uniswap active addresses hit a 2026-high – But UNI is still stuck at $7

Amidst a volatile altcoin market, Unisawp [UNI] is showing signs of growing network adoption and improving market momentum. According to Santiment’s analysis, daily active addresses on Uniswap have reportedly reached 14,591, the highest level in a year. At the same time, 13,137 new UNI addresses were created, marking the largest spike in network growth since September 2020. UNI's price action tells us a different story This comes as UNI’s price was trading at $7.04 at press time after a drop of 2.0% in the past 24 hours. However, the 24.8% year-to-date growth in price action suggests that this drop might be just a short-term thing.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to AMBCrypto.