UNI Coin Soars: Investors Buzz Around Altcoin’s Explosive Surge

Uniswap’s native token, UNI coin, has witnessed a significant price surge since the beginning of May, breaking through the $10 threshold and igniting investor interest. The recent upward trend is fueled by factors like increasing DeFi activity and institutional investments, according to analysts. 20% gains were recorded this week alone, with volume supporting the bullish sentiment. Factors such as robust Q1 fund growth, the V4 upgrade, and Unichain’s expansion plan are creating a positive outlook for long-term investors.