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UNI Price Tumbles as Sellers Remain in Control Amid Token Burn Rate Surge

Guavy AI Editorial Team
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UNI
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Uniswap's UNI token has continued its downward trend, with prices down 7.23% on the day and sitting below key moving averages.

The annualized UNI token burn rate has surpassed $250 million, up from $200 million just days prior, due to increased trading fee volumes, particularly through Robinhood Chain.

Uniswap Labs has also introduced new developer tools for Uniswap v4 hooks, including an AI security plugin and public hook registry, aimed at strengthening developer support and risk management.

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