$UNI Price Breaks Key Trendline Resistance Amid Institutional Interest

Uniswap's ($UNI) price has climbed nearly 13% over the past week, breaking above a multi-month descending trendline as improving fundamentals and renewed whale accumulation fueled bullish sentiment. The token reclaimed key technical levels after Uniswap introduced Permissioned Pools on its v4 protocol to support compliant trading of tokenized assets.

The launch marks Uniswap's latest push into institutional decentralized finance (DeFi), expanding its addressable market beyond traditional crypto trading. By supporting compliant trading for tokenized securities and investment funds, the protocol aims to position itself as key infrastructure for the growing RWA ecosystem.

Crypto market maker Cumberland accumulated more than $6.7 million worth of $UNI in just four hours, further bolstering investor optimism around Uniswap's long-term growth prospects.