Uniswap (UNI) Soars 18.5% as Arc Collaboration Fuels Six-Day Bull Run

Key Highlights

• UNI has jumped 18.54% over the past day, currently trading near $3.19 with a market valuation approaching $2 billion.
• The protocol announced a strategic collaboration with Arc to deliver enhanced stablecoin liquidity infrastructure, leveraging more than $4.4 trillion in historical trading activity.
• Open Interest in futures contracts increased from $152 million to $168 million, signaling heightened market engagement.
• Standard Chartered’s Geoff Kendrick projects UNI reaching $6.50 before 2025 ends, with a longer-term forecast of $100 by 2030.
• Chart analysis reveals diminishing bearish momentum via MACD and RSI readings, with immediate overhead resistance positioned at $3.37.

---

Uniswap (UNI) currently sits at $3.19 during this writing session, marking an impressive 18.54% gain over the previous 24-hour period. This upward movement represents the sixth consecutive day of recovery following early June lows that touched $2.33.

Daily trading volume has reached $726.93 million, while the protocol’s market capitalization hovers near the $2 billion threshold.

The cryptocurrency sector has experienced renewed appetite for risk assets, with Bitcoin maintaining levels above $67,000. Reduced geopolitical uncertainty has contributed to this sentiment shift, particularly following news that the United States and Iran established a preliminary peace framework to ensure Strait of Hormuz access while initiating 60-day nuclear discussions.

Arc and UNI Unveil Stablecoin Infrastructure Collaboration

This Monday witnessed Uniswap revealing a strategic alliance with Arc, an infrastructure layer designed for financial tools, stablecoin operations, and artificial intelligence-driven frameworks. Through this arrangement, Arc’s user base gains entry to swap mechanisms backed by $4.4 trillion in cumulative trading history, complemented by comprehensive API connectivity.

[[EMBED_0]]

The decentralized exchange verified the collaboration through its verified X profile, emphasizing its commitment to delivering “substantial on-chain liquidity for the network specifically engineered for stablecoins.”

Cryptocurrency market observer World Of Charts shared analysis on June 16 indicating UNI’s approach toward a critical technical intersection, where an extended downward trendline converges with horizontal resistance. The analyst suggests a successful breach of this area could potentially double the token’s valuation in subsequent months.

[[EMBED_1]]

Futures Open Interest expanded to $168 million by Tuesday, climbing from the previous day’s $152 million. Friday’s average stood at $135 million, demonstrating consistent growth in market participation.

Major Bank Issues Ambitious Price Projections

Standard Chartered’s Geoff Kendrick released price forecasts this Monday, anticipating UNI will climb to $6.50 before 2025 concludes, with an extended timeline projection of $100 by the decade’s end.

Kendrick’s perspective frames Uniswap as essential market infrastructure serving traditional finance rather than merely a retail-focused trading platform. His analysis highlights the expanding integration of tokenized instruments and Wall Street’s increasing engagement with decentralized finance protocols.

The Relative Strength Index (RSI) has climbed toward 54 on daily timeframes, departing from previously oversold conditions. The MACD histogram has shifted into positive zones, indicating weakening downward pressure.

UNI recently surpassed the middle Bollinger Band stationed at $2.77, while the upper boundary currently rests at $3.22. The expanding distance between these bands signals increasing volatility.

Critical overhead barriers include the 50-day exponential moving average positioned at $3.03 and the 61.8% Fibonacci retracement level approaching $3.37. Downside protection exists at the 78.6% Fibonacci retracement near $2.91, with stronger foundational support located around $2.33.

Presently, Uniswap’s valuation has advanced beyond the upper Bollinger Band threshold of $3.22.