Unisvap price could be left as Unichain turns Etherum, Polygon, SEI in key meters

The price of UNISVAP collapsed to the crucial support level and did not participate in the recent Run by the CRIPTO Market.

Unisvap (Uni) It floats about $ 5.30 in the last four weeks, the price that reduced 72% of his December High. However, the coin has two potential catalysts that can run a short grip in the coming weeks: Megaphone Graph Form and Emergency Growth in Unichain’s market participation.

Data on third parties indicate that the recently launched Unichain network performs well with the scope and active addresses.

DANSEN data show that Unichain had over 3,228 million active addresses in the last seven days. It made it sixth largest chain in this metric. Popular networks like EthereumEl), Polygon (Gender), SEI (Sei) and arbitrum.

The active transactions of Unichain increased by 121% to 9.48 million, exceeding Etherum 8.63 million. Similarly, the network fee increased by 84% to 8.6K.

More data Defi Llama It shows that Unichain became one of the best players in a decentralized stock exchange. He processed tokens worth $ 1.7 billion in the last seven days, an increase of 36% of the previous period. This increase brings monthly transactions to over $ 3.2 billion. This growth is impressive because it was launched in February.

Meanwhile, Uniswap still has a significant market share in a decentralized sector of finance despite the growing competition. His network has processed $ 61.4 billion in the last 30 days in the last 30 days – more than Palace and Raidium in combination.

This growth was pressed by Uniswap to bring significant fees this year. Tokenterminal data It signifies that it achieved over $ 328 million this year, outlasting Etherum is $ 242 million. These fees are usually diverted to network liquidity providers.

Uniswap price formed a unique pattern

The weekly chart shows that UNI price fell to a significant level of support for about $ 5, where it has repeatedly held throughout the year. This level aligns with the trill connecting the lowest swing spots from June 2022. years.

It is significant that the Uni formed a width width wedge, which is usually known as a megaphone – often interpreted as a winging signal.

Given this technical setting, Unisvap price can be deducted in the coming week. The initial goal for viewing has been high from $ 19.30, which would be an increase of 255% of the current level. However, the decline below the lower edge of the wedge meal indicates additional risk.