Uniswap network activity surges after $100 UNI price call

On-chain data from the Uniswap network is signaling one of the most powerful moves in recent months. Following this momentum, global banking giant Standard Chartered grabbed attention by releasing a $100 price forecast for Uniswap’s native token, UNI.

Network activity accelerates after forecast

According to on-chain analytics provider Santiment, Uniswap’s network has shown a remarkable uptick since Standard Chartered made its bullish projection. The number of active addresses has surged to the highest level in four months. In the same period, large transaction volumes have climbed to their highest point in seven months.

A similar pattern unfolded in wallet creation trends. Santiment reported that new addresses created for UNI saw the strongest single-day increase since late December. The company noted that this heightened activity is directly linked to the price prediction, rather than a protocol upgrade or technical development.

Glossary: Santiment is an analytics firm monitoring on-chain data and investor sentiment in the cryptocurrency market. Metrics such as active addresses and large transfers track changes in network usage and major investor interest.

Major investors make their move

Market watcher Zayn announced on his X account a $10,000 spot purchase of UNI. He argued that UNI quickly erased a month-long period of weak price performance and likened current levels to those before the major rally in 2020.

Early positioning by large investors continues to serve as a closely monitored signal in the market. The seven-month peak in high-value transfers could suggest that key players are betting on a possible price escalation.

UNI approaches critical resistance zone

From a technical standpoint, UNI has been locked in a downtrend for months, characterized by lower highs and lows. Recent buying activity has propelled the price toward the upper boundary of this structure, around the $3.30 region.

Analysis suggests that if UNI surpasses the $3.30 level, it could mark one of the first major structural breakouts of 2026. If momentum continues beyond this threshold, the next key resistance is set at $4.13, while $6.34 emerges as a longer-term target. On the downside, the $2.80 to $2.90 area is highlighted as the main support zone.

Santiment’s assessment shows that several Uniswap metrics have reached multi-month highs. The current surge in market interest appears to be driven primarily by Standard Chartered’s ambitious valuation forecast.

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