Uniswap (UNI) experienced significant price volatility, and analysts pointed to a technical glitch as BlackRock launched its BUIDL fund on the Ethereum-based exchange, which caused the UNI token to dip before rising.
At the time of writing, UNI is trading at $3.41, with $1.55 billion in 24-hour volume and a $2.16 billion market capitalization, according to CoinMarketCap data. The token is up 4.79% over the last 24 hours, reflecting renewed buying interest and elevated exchange liquidity after heavy selling.
On February 12, 2026, crypto analyst Alpha Crypto Signal noted that UNI “accurately respected its descending channel structure.” According to the analyst, the token hit the lower bound without attracting any real demand, causing a sharp sell-off that resulted in a 18.22% drop, with bearish momentum still dominant on short-term trading and on-chain sentiment on most exchanges.
Alpha Crypto Signal referred to the decline as a textbook example of technical structure unfolding as expected. Although many investors expected UNI to bounce from support, it continued to fall, which rewarded investors who followed the bearish setup. Again, it is emphasized that these views only express the analyst’s opinion and should not be considered as advice.
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Meanwhile, another analyst, Whale Coin Talk, also pointed out a price surge of more than 25% following the launch of the BlackRock tokenized BUIDL fund on Uniswap and the acquisition of UNI tokens.
The development bridges conventional asset management with DeFi, which emphasizes the growing trend of institutional participation in Ethereum and changing regulations from the U.S. SEC.
The mixed signals for UNI bring a combination of technical weakness and strong institutions. Bears persist on the charts, yet the investment from BlackRock gives a bullish perspective for Uniswap, especially for decentralized finance.
As UNI reacts to these opposing forces, its next move may be dependent on whether institutional buying can counteract the recent bearish structure. Investors are focusing on key support and resistance levels to determine short-term direction, risk, and potential volatility within the wider DeFi sector.
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