Uniswap V4 Now Has More Activity on Unichain Than Ethereum

This article is for informational purposes only and provides no financial, investment, or other advice.

Key Insights:

* Unchained now handles almost 75% of Uniswap v4 transactions, while Ethereum’s share has fallen below 20%.

* Unchained is known for lower gas fees, faster confirmations, and several incentive programs.

* Transaction volume, total value locked (TVL), and user interaction on Unchained are increasing.

* Unchained has become a preferred venue for DEX activity over the past few days.

* The UNI token has responded positively to recent network activity and protocol enhancements.

* Following the UNI 1-day trading chart, UnIN has surged above the $6.00 resistance level and reached a local high of $6.702.

* Daily charts show that UNI is trading above its upper Bollinger Band, indicating strong volatility and the start of a potential trend change.

* The RSI is close to 65, just below the overbought levels at 70, but volume oscillators indicate above-average activity.

* Cumulative Volume Delta (CVD) data confirms strong net buying pressure.

* The breakout follows Sonium integration, which enables direct swaps, bridging, and liquidity provisioning within the wallet.

* If UNI remains above $6.30, the next resistance range is $7.50 to $8.00. A pullback toward $5.46 could serve as a reentry point.

* OI-weighted funding rates have also turned in favor of UNI.

* Funding rates have turned positive, and more traders are opening longs and paying premiums to hold them.

* UNI price has been tracking the positive funding rates, indicating that the rally is being pushed by demand and not short-term speculation.