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Uniswap's UNI Token Sees 7.21% Surge Amid Fee-Switch Expansion

Guavy AI Editorial Team
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BNB UNI
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Uniswap's UNI token has experienced a 7.21% gain in the past 24 hours, reaching $4.11 despite lower trading volume.

This increase comes as Uniswap expands its governance-approved fee-switch mechanism to additional v4 pools and blockchain networks, directing more protocol fees toward UNI buybacks and burns.

Additionally, data from CryptoQuant shows elevated whale activity, with Binance outflows of UNI reaching their fastest pace in five years and average top daily withdrawals exceeding 7,200 tokens.

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