Uniswap Price Surges 10% Amid MetaMask Top-Swaps List Breakthrough
Uniswap's (UNI) price has surged by 10% in the last day, reaching $6.4535 and trading near its top 24-hour range. This comes after Uniswap cracked MetaMask's top-5 swaps list alongside LINK and PAXG over the last two weeks. However, not everyone is celebrating, with one trader warning that UNI's entire rally rests on a single partnership staying intact.
This partnership refers to Uniswap's relationship with Robinhood, which relies heavily on Uniswap as its liquidity infrastructure. The trader argues that this sets up a structural risk for UNI, as any change in this relationship could pressure the price regardless of support and resistance levels.
Looking at the technicals, Uniswap is currently trading inside a broad rounding-bottom structure that has been building since mid-2025. Converging trendlines are pointing toward resistance near $12.0060. The RSI reading is 63.54, firmly bullish but not yet in overbought territory.
According to CoinGabbar analysts, fresh swap demand and a strong RSI reading are driving UNI's current rally. However, the Robinhood-dependency argument remains a key risk worth watching.