Uniswap Sees Biggest Wallet Surge in 4 Years. Will UNI Rally?

Uniswap (UNI) has lost 25.75% of its value over the past month, sliding to $6.93. On-chain data, however, shows new users arriving at the fastest pace since November 2022. Santiment counted 2,295 new UNI wallets in a single day. The firm said that influx could firm up a price base, provided wallet creation stays elevated.