Uniswap Usage Hits 4-Month High as Whale Transactions Surge to 7-Month Peak

Momentum has continued to build around Uniswap (UNI) following a recent bullish outlook from Standard Chartered.

Data from crypto analytics firm Santiment shows a notable rise in network activity, with active addresses climbing to a 4-month high. At the same time, transactions from large holders have surged to their strongest level in seven months, signaling increased market engagement.

This uptick in on-chain activity has coincided with price strength, as UNI is currently trading at $3.13 after posting a 24.5% gain over the past week.

Source: Santiment