UniSwap Price Prediction 2024, 2025, 2030: Will UNI Coin Price Record New Yearly High Soon?

DeFi’s have come into existence with the idea of no intermediaries. The sector is going mainstream in the industry, as investors are now evaluating digital assets based on its TVL in DeFi, amongst other factors. Since its inception, the UNI has served as a trustless and highly decentralized financial infrastructure.

After proving product-market fit for highly decentralized financial infrastructure, UniSwap, a platform that has thrived independently, is now particularly well-positioned for community-led growth, development, and self-sustainability.

Uniswap, a prominent cryptocurrency from this sector, aims to bring greater decentralization. The protocol’s native asset, UNI, is under the active consideration of marketers. Are you considering investing in UNI but are dubious about its prospects? Then, look no further as we decode the possible Uniswap price prediction for 2024 – 2030 and the years to come!

Uniswap Overview

Cryptocurrency	Uniswap
Token	UNI
Price	$ 7.37415486 7.53%
Market cap	$ 4,416,604,740.6140
Circulating Supply	598,930,294.7100
Trading Volume	$ 125,572,333.3218
All-time high	$44.97 on 03rd May 2021
All-time low	$0.419 on 17th September 2020
24 High	$ 7.5640
24 Low	$ 7.1700

Factors Affecting The Price Of UniSwap

• Supply and Demand: A spike in supply and demand can help surge this coin’s price to new highs.
• Governments: Regulations by the government and the Central Bank Digital Currencies (CBDCs) could impact the crypto industry significantly.
• Inflation of fiat currencies: Hyperinflation could drive people and governments towards Cryptocurrencies as an alternative.

UNI Price Prediction May 2024

Amid increased price volatility in the cryptocurrency industry, the Uniswap price has displayed a neutral trend by trading in a closed range between $6.920 and $8.350 for about a month. Furthermore, the UNI price has leveled out all its gains, resulting in this altcoin trading with a YTD return of -2.09% in valuation.

On the other hand, the Cross EMA 50/200-day shows a negative price action, indicating a bearish outlook for the Uniswap (UNI) price during the coming time.

The technical indicator, MACD, shows a constant green histogram, indicating increased buying and selling pressure in the crypto industry. Moreover, the averages show a rising pattern, suggesting the UNI price will continue gaining value in the coming time.

If the market holds the price above the resistance level of $7.079, the bulls will regain momentum and prepare to test its upper resistance level of $10.050 during the upcoming week. Conversely, a bearish reversal may drag the price down to its lower support level of $5.625 in the coming time.

Uniswap Price Prediction 2024

The year 2024 remains imperative for the crypto industry, as it marks the halving of Bitcoin. The event holds the potential to kickstart a bull season. In such a case, the altcoin price could escalate to its potential high of $25.94. 

On the downside, factors like regulatory clampdown could cause the price to increase to $7.91. Successively, the average trading price might occur at $16.89.

Uniswap Price Prediction 2024 – 2030

The introduction of UNI (ERC-20) serves this purpose. It enables shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol into the future.

The UNI circulation supply on ETH has surged recently. The digital asset might attract more marketers’ attention as it provides an easy way to exchange coins. The Uniswap price for 2024 could range from $7.91 to $25.94.

UniSwap Price Prediction 2025

By the end of 2025, Uniswap coin would be growing its user base, which would seek impetus as the protocol creates liquidity. It might concentrate on newer projects to enhance the protocol to make it more user-friendly. That said, by the end of 2025, Uniswap price prediction 2025 could hit its potential high of $31.11. 

Regular buying and selling pressures could limit the closing price to $13.53. Contrastingly, the price of unicoin could plunge to $27.15 if it fails to meet market expectations.

UNI Price Prediction 2026

According to our analysts, UNI coin price prediction for the year 2026 could range between $20.69 to $40.26, and the average price of Uniswap could be around $35.85.

UniSwap Crypto Price Prediction 2027

According to our analysts, the Uniswap price in 2027 could range between $27.97 and $49.66, and the average price of UNI could be around $43.32.

UNI Token Price Prediction 2028

According to our analysts, the UNI crypto prediction for the year 2028 could range between $37.62 and $61.89, and the average Uniswap coin price could be around $54.59.

UniSwap Coin Price Prediction 2029

According to our analysts, Uniswap’s forecast for the year 2029 could range between $45.85 to $73.54, and the average Unicoin price could be around $64.70.

UniSwap Price Prediction 2030

According to our analysts, UNI predictions for the year 2030 could range between $59.61 to $88.99, and the average Uniswap price could be around $79.30.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s UniSwap Price Prediction

As per CoinPedia’s formulated Uniswap price prediction, specific collaborations and partnerships could boost the protocol, thereby propelling the price to $25.94 by the end of 2024. 

On the flip side, the price may drop to $17.91 if UNI fails to concentrate on certain developments. That said, we can look forward to average levels of $21.89 if the digital asset refrains from reacting to market sentiments. 

Also Read Detail Over View Of 2023 Biggest Crypto Collapse

Fundamental Analysis

Uniswap is a decentralized exchange founded by Hayden Adams in November 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain and a public, open-source front-end client. 

It’s a 100% on-chain market maker that allows the swapping of ERC20 tokens, ETH to ERC20, and vice versa. Uniswap owes its success to the thousands of community members who have joined its journey over the past two years.

These early community members will naturally serve as responsible stewards of Uniswap. With innovations in blockchain, web3 aims to reclaim user privacy and choice after decades of internet businesses that have exploited it. Uniswap Labs shares these values and is working to be a leader in this effort.

Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!

Factors Affecting The Price Of UniSwap

• Supply and Demand: A spike in supply and demand can help surge this coin’s price to new highs.
• Governments: Regulations by the government and the Central Bank Digital Currencies (CBDCs) could impact the crypto industry greatly.
• Inflation of fiat currencies: Hyperinflation could drive people and governments towards Cryptocurrencies as an alternative.

What Is Uniswap?

Uniswap is a well-known decentralized trading protocol built on the Ethereum blockchain. It aims to facilitate the automated trading of DeFi tokens and enables users to exchange any ERC20 token, including the native ETH token. Without middlemen, anyone with an Ethereum address can contribute to the exchange’s liquidity and earn from it.

UNI is the native token of the Uniswap protocol and entitles its holders to governance rights. This means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September 2020.

If you want to know more about Ethereum, then here is a complete guide for you to understand the world’s second-largest cryptocurrency.

Uniswap Historical Market Sentiments 2020 – 2022

• Uniswap entered the crypto market on the 17th of September with a trading price of $2.94. However, the price dramatically surged to $6.96 two days after the launch, as it was listed on several exchanges.
• Unicoin’s price traded between $3.98 and $5.02 in September. 
• The price reached its resistance level by mid-November and remained at $3. By the end of 2020, UNI was trading at $4.62.
• Uniswap made its way to 2021 with a trading price of $4.97. UNI hit $34.77 to register a new all-time high on the 7th of March. However, the price tumbled by almost 50% after the crash on the 19th of May. 
• In August, regaining its price momentum, UNI’s price surged to $30.46 from $14. Then, with a slight pullback, the asset traded around $25 until November. After volatile weeks, the year closed at $16.23.
• Unicoin price made it to 2022 with a price tag of $16.80, just as the digital asset started picking up steam. It was pushed to $14.49 by the 8th of January. While the numbers rose to $18.18 over the week, the leg-up was short-lived, as the price fell to $9.60 by the 24th of January. 
• After hovering closer to its resistance level at $10.91 until the 19th of February, UNI saw its quarterly low of $7.48 on the 24th of February. Following its move through the turbulent weeks, the altcoin closed its quarterly trade at $12.37. 
• Just like any other cryptocurrency and the broader market, the second quarter has been brutal for the Defi token. It lost over 57% of its profits. The current uniswap price is $5.928.

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

Conclusion 

Due to the volatile nature of cryptocurrency markets, it is difficult to predict the exact price of UNI coin in the coming years. However, based on Uniswap’s growing popularity and usage, there is a good chance its token UNI may record new yearly highs. As more projects and exchanges adopt Uniswap’s model of decentralized applications, the value of holding UNI tokens for its protocol governance is also likely to increase. 

Whether it reaches $20, $50, or even $100 by 2030 depends on how successful Uniswap remains in dominating the DeFi space in the long run. Investors must consider the project’s fundamentals and evolving use cases to make informed investment decisions regarding UNI.

FAQs

UNI

BINANCE