UNI Soars on SEC Regulatory Clarity, Targets $11.024
Uniswap's UNI token surged nearly 20% in a single day, reaching $7.91 at press time, as regulatory clarity strengthened following a U.S. SEC exemption document addressing on-chain tokenized stocks.
The document recognized Uniswap v4's Permissioned Pools as compliant Automated Market Maker infrastructure, expanding the market outlook for the decentralized exchange beyond its established role.
Large-holder activity reinforced demand, with two new wallets withdrawing 1.07 million UNI tokens valued at $8.38 million from exchanges such as Binance and Bybit, reducing immediately tradable supply during price expansion.
The breakout above a technical resistance level has shifted attention to whether buyers can defend newly reclaimed key price levels, potentially paving the way for further gains towards the $11.024 higher-timeframe supply zone.