The post Uniswap Network Hits All-Time High as 72.95B Dormant UNI Tokens Move appeared first on Coinpedia Fintech News
Something unusual just happened on the Uniswap network, and it’s turning heads across the crypto world. A record 72.95 billion in dormant UNI tokens suddenly moved.
With UNI already up 20% and now trading around $7.69, this surge could be the start of something much bigger. Some experts even predict UNI could reach as high as $45.74 by 2025.
Dormant UNI Token Hit Record High
According to a new report from market intelligence platform Santiment, Uniswap’s network just experienced its biggest-ever spike in dormant token movement. The metric, known as “age consumed,” hit a record 72.95 billion, the highest in Uniswap’s history.
Large spikes like this often suggest a rise in trading activity could follow. When old or idle tokens start moving, it usually means they’re heading back into the market, possibly leading to more buying or selling.
This could boost UNI’s price even further. The token has already jumped 20% over the last few weeks, showing strong momentum before this historic spike.
Average UNI Wallet Age Drops Sharply
This surge of old tokens moving has caused the average age of UNI holdings to fall by 7.2% overnight, dropping from 1,175 days to 1,090 days. In other words, wallets that had been holding onto their UNI for about three years have now sent their coins back into action.
This reset in wallet age is a clear sign of renewed network activity, and history shows that such bursts often come before more price movement.
UNISwap Price Analysis
Uniswap is holding steady near an important level after bouncing back from earlier drops. Right now, its price is moving sideways between $7 and $7.80, showing that the market is unsure of what’s next.
Looking ahead, many analysts are optimistic about UNI’s future. Some forecasts for 2025 predict UNI could reach an average price of $11.48, with highs as much as $45.74 according to the most bullish scenarios.
At the moment, UNI is priced around $7.69 and showing small signs of strength. The RSI (Relative Strength Index) is at 60.5, which means the coin is slightly leaning toward the bullish side. If RSI goes above 65, it could mean buyers are getting a strong hold.