Uniswap’s UNI surges 18.54 percent as market turns bullish! What is driving this momentum?

Uniswap’s native token UNI has captured investor attention with a sharp 18.54 percent rally over the past 24 hours, soaring to $3.19. This surge comes after UNI hit lows around $2.33 at the start of June, now climbing for a sixth consecutive day. Daily trading volume jumped to $726.93 million and UNI’s market capitalization is approaching the $2 billion mark, signaling renewed market interest.

Arc partnership in the spotlight

A newly announced strategic alliance between Uniswap and Arc appears to be at the heart of the recent price action. According to both companies, the partnership will open Uniswap’s swap infrastructure to Arc users via API integration, focusing on stablecoin transactions and financial applications. Uniswap highlighted that its platform has so far supported more than $4.4 trillion in total trade volume, demonstrating its robust infrastructure.

Glossary: Arc is defined as an infrastructure platform designed for financial apps, stablecoin payments, and AI-driven scenarios. API integration allows different applications to connect directly with a protocol’s transaction network.

The broader market sentiment has also improved, with risk appetite making a comeback. Bitcoin holding firm above $67,000 has played a key role in supporting a bullish trend across the wider crypto market.

Futures interest rises

Open interest in UNI futures surged in tandem with the price movement. On Monday, open positions stood at $152 million, rising to $168 million by Tuesday. Compared to approximately $135 million on Friday, this steady increase shows that more investors are taking positions and market participation is intensifying.

World Of Charts, a market analyst, noted on June 16 that UNI is nearing a critical zone where its long-held downtrend line intersects with horizontal resistance. If UNI breaks through this band to the upside, the analyst predicts that even stronger price momentum could emerge in the months ahead.

Price targets and technical levels

Standard Chartered analyst Geoff Kendrick has set a year-end 2025 price target of $6.50 for UNI, stretching to a bold $100 by the end of 2030. Kendrick believes Uniswap is becoming a core market infrastructure not just for individual crypto traders, but increasingly for traditional finance as well. Uniswap continues to distinguish itself as a leading decentralized exchange protocol.

From a technical perspective, UNI’s daily RSI has climbed toward 54, moving clear of the oversold region. The MACD histogram has also turned positive, pointing to fading selling pressure. UNI has broken above the middle Bollinger band at $2.77, with the upper band now positioned at $3.22.

Short-term resistance is seen at the 50-day exponential moving average of $3.03 and the key 61.8 percent Fibonacci retracement level at $3.37. On the downside, support rests first at $2.91, followed by a stronger base at $2.33.

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