Uniswap Price Surges Amid Institutional Access Boost

Uniswap's price has surged 7.13% in a session that saw it trade at $9.739, according to Trading Union.

The token currently holds above its key short- and long-term moving averages, indicating sustained momentum compared to recent averages.

The introduction of Uniswap futures by the CME Group on October 19 is expected to increase institutional access to UNI as a crypto asset.

Uniswap processed 140 million transactions in August, exceeding volumes on both Cboe BZX and NYSE American, and capturing over 99% of Robinhood Chain stock token deposits.