Uniswap Surges 10% on v4 Fee Switch Boost

Uniswap (UNI) has surged nearly 10% over the past 24 hours, reaching around $4.40, following the activation of its v4 protocol fee switch on July 27.

The new fee structure redirects a larger share of revenue toward UNI token buybacks and burns, nearly tripling daily revenue allocated to the mechanism.

This shift introduces a stronger deflationary dynamic by reducing the token's circulating supply over time while directly linking protocol activity to token holder value.

On-chain data shows large investors are already positioning for further bullish advancements, with notable increases in whale-sized orders at current price levels.