Uniswap’s Dormant Wallets Wake Up: A Tale of Market Surges and Cryptic Whispers

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Amidst the vast and often tumultuous sea of the digital economy, a peculiar event has unfolded, one that might be likened to the awakening of a long-dormant giant. Uniswap, the decentralized exchange that has become a cornerstone of the crypto world, has seen its market capitalization leap by 21% from its June 22 monthly low, as if stirred by some unseen force. At the time of writing, UNI, the native token of this digital colossus, is trading around $7.77, a 5% gain in the past day and a remarkable 23% increase this month. 📈

The CoinMarketCap data, a beacon of light in the often murky waters of cryptocurrency, reveals a 75% spike in trading volume over the past day, reaching a staggering $439 million. This surge is not merely a fleeting whim but a sign of something deeper, a record 72.95 billion in “age consumed,” a metric that combines the number of tokens moved with their holding period. This, dear reader, is the largest dormant token activity in UNI’s storied history, a moment that has not gone unnoticed by the market’s keen observers. 🕵️‍♂️

This spike has marked a significant shift, reducing the average age of “hodling” wallets by 7.2% as stagnant tokens, like ancient treasures, re-entered the market. Such movements often herald shifts in market momentum, a dance of supply and demand that can be as unpredictable as the weather. 🌦️

🔁 Uniswap’s marketcap has climbed +21% since June 22nd. And its network has just seen a historic spike in dormant activity. 72.95B in age consumed (amount of tokens moved multiplied by how old those tokens are) is the highest $UNI dormant spike of all-time.

👨‍👦 This age consumed…

— Santiment (@santimentfeed) July 9, 2025

Notably, in May, Uniswap became the first decentralized exchange to hit $3.3 billion in trading volume, a milestone that seemed to set the stage for this latest surge. 🎉

UNI Prepares for Potential Breakout

On the daily price chart, UNI is testing the upper Bollinger Band near $7.78, with bands widening. Should it fail to hold above this level, a pullback toward the mid band (20-day SMA) near $7.09 might ensue. UNI has a key support around $6.60, a level where buyers may step in, like knights rushing to defend their castle. 🛡️

UNI daily chart with RSI and Bollinger Bands | Source: Trading View

The upward gradient in the RSI is currently suggesting a bullish momentum without being overbought. A clean break above $7.78 could lead the cryptocurrency to $8.50 and then, perhaps, to the fabled $10. 🚀

Meanwhile, on the 4-hour chart, UNI is testing the resistance line of an ascending triangle formed since late-June. A decisive candle close above $7.78 would validate a bullish breakout, with analysts expecting a potential move toward the highly anticipated $10 target in the near term. 📊

UNI 4-hour chart with ascending triangle | Source: Trading View

$BEST Presale Draws Strong Interest

As Uniswap gears up for a potential breakout, Best Wallet ($BEST) is aiming to become a leader in crypto wallet platforms. The project has attracted an impressive investor interest, already securing $13.76 million in its current presale phase. It’s as if the market has found a new hero, one that promises to lead the way into the future of decentralized finance. 🦸‍♂️

Best Wallet offers a secure, non-custodial, multi-chain wallet designed to cater to both beginners and advanced traders, delivering enterprise-level security while ensuring a straightforward user experience. The wallet enables users to purchase, store, swap, and trade thousands of cryptocurrencies across more than 50 major networks, including Bitcoin, Ethereum, and USDT. It is a fully non-custodial platform requiring no KYC, granting users complete ownership of their assets. 🗝️

$BEST Presale Details

The platform operates using its native $BEST token. The $BEST token underpins the entire ecosystem and is available for purchase directly on the Best Wallet website, with staking options offering potential yields of 100% annually. It’s a proposition that has not gone unnoticed by the crypto community, a beacon of hope in a world often shrouded in uncertainty. 🌟

  • Core Offerings: Best Wallet, Best DEX, and Best Card
  • Ticker: $BEST
  • Current Price: $0.025305
  • Funds Raised: $13.76 million

Investors seeking a top Web3-powered crypto wallet should check out the Best Wallet. It is currently one of the best crypto presales, with the price set to increase in less than two days. 🏃‍♂️💨

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2025-07-09 17:10