Uniswap (UNI) just made a big move; not only did its price break out, but trading volume also shot up close to all-time highs. The DeFi space is paying attention.
According to Token Terminal, Uniswap monthly trading volume in May 2025 was nearly $100 billion. That’s massive, just shy of its peak back in early 2022. And it’s not a one-time spike either. Since early 2024, trading activity has been climbing steadily, showing just how much user interest in DeFi is picking back up.
Monthly trading volume on @Uniswap was close to all-time highs in May ’25. pic.twitter.com/2VkTkGbt80
— Token Terminal 📊 (@tokenterminal) June 9, 2025
For context, between January 2024 and May 2025, Uniswap price saw several months with over $75 billion in volume. Compared to mid-2023, when numbers dropped below $30 billion, it’s clear the platform is making a strong comeback.
There’s also a pattern here: volume spikes tend to follow big market rallies, and then cool off during quieter periods. May 2025 looks like one of Uniswap best months in a long time.
UNI Price Shows Strong Breakout Structure
On the price front, Uniswap has risen sharply from the $6.80 to $7.00 range, hitting an intraday high of $7.73. The token traded at $7.713 at the time of analysis, reflecting a 2% daily gain. This movement follows weeks of consolidation between $5.60 and $7.30.
Since June 5, the price of UNI has been making higher lows, which shows a bullish pattern. Above the resistance area of $7.30, with good momentum, it signaled more buying pressure. The next important level to be had is at the $7.80–$8.00 area.
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Furthermore, a support base can be seen near the previous breakout point, at present between $6.80 and $7.00. In case of retraction, the price in the $6.50–$6.60 area can provide it with support.
The rise in UNI price alongside growing Uniswap trading volume shows a clear connection between protocol usage and token performance. When decentralized platforms see higher trading volumes, they generate more fee revenue. For protocols like Uniswap, this can boost token utility and attract more investors.
Uniswap recent performance mirrors what’s happening across the broader DeFi sector. Trading activity and price charts show aligned momentum, signaling a resurgence in decentralized market participation.
Uniswap Key Levels and Market Outlook
Technical analysis identifies $7.80 and $8.00 as short-term resistance zones. Meanwhile, the $7.00 area is expected to hold as a support level. If this breakout sustains, further upward movement could extend beyond current highs for UNI price.
Volume zones indicate continued interest, with May’s near-peak performance reinforcing Uniswap’s relevance in the DeFi ecosystem. Observers are monitoring whether sustained activity and on-chain participation will support ongoing upward momentum in UNI.
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