Uniswap (UNI) Surges 30% Amid SEC Innovation Exemption News
Uniswap (UNI) reached a 10-month high of nearly $9.20, driven by the US SEC's Innovation Exemption for tokenized stocks and supportive comments from Commissioner Hester Peirce regarding decentralized systems. The rally is also supported by a broader market recovery, with Bitcoin (BTC) exceeding $78,000 and Ethereum (ETH) reclaiming $2,500. Analysts suggest potential for further gains toward $12.75 or $20, though short-term pullbacks are possible.
Summaries are written by AI from the original article. Not investment advice.