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Uniswap price surges 50% in a week, whale activity and new expansion fuel UNI momentum

Uniswap price surges 50% in a week, whale activity and new expansion fuel UNI momentum

Cointurk2026/09/18 23:33
By: Cointurk
UNI-0.02%

Uniswap‘s native token UNI has shown significant strength after years of trading within a broad accumulation phase. The price sharply increased from around $6 in early September to intraday highs above $9, with UNI closing at $7.79 on September 17 before another strong rally the next day. Market data indicates that UNI reached $9.20 intraday on September 18, underlining the intensity of this upward move.

Technical breakout and analyst outlook

The recent surge positions UNI at a crucial technical level. Crypto analyst LAR7Crypto pointed out the potential for a much larger move if UNI can break out from its long accumulation structure. LAR7Crypto highlighted roughly 1,500 days, or about 4.2 years, of accumulation as the foundation for a long-term view that sees UNI targeting $45 for a new all-time high.

Reaching this price would require sustained buying and multiple resistance levels to be surpassed, not just a single breakout event. The near-term priority for traders is whether UNI can hold its recent gains and build firm support above what has previously been resistance.

A breakout above the current resistance followed by clear support levels would be much more meaningful for a long-term trend change than just a brief price spike.

Over a short period, UNI has rallied strongly. The token closed near $6.01 on September 11 and reached over $9 by September 18, representing gains of more than 50% in just one week. Such a rapid ascent has attracted momentum traders but also raises concerns of short-term corrections if the newly established support fails to hold.

Date UNI Closing Price
September 11 $6.01
September 16 $6.71
September 17 $7.79
September 18 (Intraday) $9.20

Large wallet activity and accumulation

Market activity around UNI has also seen notable whale movements. Analyst Nazoku stated that two wallets, identified as 0x6bd and 0x947, accumulated 1.075 million UNI, worth approximately $7.24 million, within a 24-hour period. Both wallets displayed very similar transaction patterns and may belong to the same owner, though ownership cannot be confirmed without further evidence.

Large wallet accumulation adds a fresh dimension to UNI’s current demand dynamics but is not by itself a definitive signal for a wider market trend. Market participants are watching if this whale activity will translate into broader buying pressure or if the trend remains driven by retail traders.

Uniswap ecosystem growth and new product launches

Uniswap, a leading decentralized exchange known for its automated market maker (AMM) model, continues to expand its offerings. In June, Uniswap Labs introduced tokenized securities on its Web App, Wallet, and API, launching tokenized forms of assets like SpaceX, Apple, Tesla, and NVIDIA. According to Uniswap Labs, these real-world asset pools have seen more than $9.1 billion in volume across 2.6 million transactions by 140,000 wallets.

This move extends Uniswap’s reach beyond pure cryptocurrency trades, opening new markets with tokenized financial instruments. In addition to its mainnet, Uniswap has become the primary AMM for Robinhood Chain, allowing trading of Robinhood Stock Tokens for eligible users. Most recently, Uniswap was launched on Arc, a Layer 1 blockchain designed by Circle to focus on stablecoin finance. The Arc deployment, announced by Uniswap Labs on September 16, further expands the protocol’s infrastructure and cross-chain presence.

Mini dictionary: Arc is a Layer 1 blockchain platform launched by Circle, specializing in stablecoin transactions and programmable money flows, aiming to facilitate secure and scalable digital finance infrastructure.

Outlook and upcoming resistance

With all these developments, UNI’s price outlook depends on whether buyers can establish a stable support above the breakout zone. Sustaining the rally and forming higher lows may open the way to test new resistance levels, while a pronounced pullback would challenge the market’s confidence in the current trend.

The long-term scenario of a potential rise to $45, as suggested by LAR7Crypto, relies on a decisive escape from years of accumulation and continued ecosystem growth. Whale accumulation and expanding trading volumes in new Uniswap products remain key factors to monitor as the market transitions from a period of relatively low activity to heightened volatility.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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