April

Uniswap

would

Resistance

<ul>
 <li>Santiment reports Uniswap’s highest yearly activity and largest new-address spike since September 2020, with 14,591 active and 13,137 new addresses.</li>
 <li>UNI faces support at 6.60–6.80, while resistance lies at 7.30–7.50 and the 200-day moving average near $7.88.</li>
 <li>Santiment identifies $7 as a key level to hold, with $7.50 signaling stronger momentum and $8 a potential target if activity remains elevated.</li>
</ul>
<p>Uniswap <a href="https://x.com/SantimentData/status/2115575035427737795?a=ffNT96Pu7CTQ7NoypOM&amp;s=20" rel="noopener noreferrer nofollow">recorded</a> 14,591 daily active addresses and 13,137 new UNI addresses, reaching its highest yearly activity and largest network growth spike since September 2020. However, UNI trades near $7 after retreating from September’s peak above $10. Meanwhile, its price remains below the 200-day moving average as October’s correction continues.</p>
<h2 class="wp-block-heading" id="strong-uniswap-network-growth-follows-ecosystem-upgrades-strong"><strong>Uniswap Network Growth Follows Ecosystem Upgrades</strong></h2>
<p>According to Santiment Intelligence, <a href="https://cryptofrontnews.com/uniswap-wallet-growth-hits-four-year-high-as-uni-eyes-40/" rel="noopener noreferrer nofollow">Uniswap’s</a> daily active addresses reached 14,591, the highest level in a year. New address creation also climbed to 13,137, marking the largest increase since September 2020.</p>
<p>Several ecosystem upgrades accompanied the activity surge. Aggregator Hooks now route external liquidity through Uniswap v4, while VolatilePair Hooks expanded dynamic pricing. Additionally, Unichain’s OP Enterprise upgrade was scheduled for October 29.</p>
<p>Santiment identified $7 as the level UNI needs to hold, with $7.50 as the first confirmation of stronger momentum. The report also identified $8 as a potential price target if activity remains elevated and UNI maintains support.</p>
<h2 class="wp-block-heading" id="strong-uni-correction-leaves-moving-averages-as-resistance-strong"><strong>UNI Correction Leaves Moving Averages as Resistance</strong></h2>
<p>UNI’s price history from April 29 to October 29, 2026, shows a decline from approximately 3.30–3.80 toward 2.40–2.50 between late April and June.&nbsp;</p>
<p>The token then recovered through July and August, reaching around $4.50 before accelerating above $7 in late August and September. <a href="https://cryptofrontnews.com/uniswap-uni-whale-accumulation-hits-five-year-high-near-3/" rel="noopener noreferrer nofollow">UNI</a> briefly approached 10.00–10.80 around September 23. However, October brought a sharp reversal, pushing the price below $8 and toward $7.</p>
<p>The 50-day moving average now slopes downward near $7, while the 200-day average stands at $7.88. Consequently, $7.88 remains overhead resistance, while 7.30–7.50 forms a nearer resistance zone.</p>
<h2 class="wp-block-heading" id="strong-trading-levels-and-network-activity-remain-in-focus-strong"><strong>Trading Levels and Network Activity Remain in Focus</strong></h2>
<p>Immediate support lies between $6.60 and $6.80, followed by $6.00. A break below the first support zone could extend <a href="https://cryptofrontnews.com/arb-faces-correction-as-0-093-support-holds/" rel="noopener noreferrer nofollow">the correction</a>, while a recovery above $7.88 would strengthen the technical outlook.</p>
<p>Santiment’s adoption figures contrast with the chart’s latest activity readings. The chart’s orange bars show the latest daily active address reading near 122, below September’s spike. However, active addresses alone cannot establish whether users are buying or selling UNI.</p>

Uniswap Activity Surges as UNI Price Slips Toward $6.60

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