Table of Contents
What is Uniswap?
- Regulatory Notice to Uniswap
Uniswap Price Prediction 2024
Uniswap Price Prediction 2025
Uniswap Price Prediction 2030
Uniswap Price Prediction 2040
Is UNI Coin a Good Investment?
Could Uniswap Price hit the $1,000 mark?
FAQs
- Does Uniswap (UNI) have a future?
- How high can Uniswap go in 2024?
- Could Uniswap Price hit $100?
- How to buy Uniswap coins in India?
Very few entities in the crypto market can claim the tag of pioneers and instrumental change-makers of the industry. Uniswap, the first and largest Ethereum-based decentralized exchange, is undoubtedly one of them.
Launched in 2018 by CEO Hayden Adams, Uniswap is a platform that facilitates permissionless trading between investors through pre-funded or user-funded liquidity pools. This automated market maker ecosystem determines the price of an asset based on the balance of the tokens in the liquidity pools.
Uniswap was the pioneer of the Decentralized exchange phenomenon, which is now the most preferred way of trading in the crypto world. Uniswap Labs, the developer of the Uniswap DEX, capitalized on this success and launched its own native token, UNI, via airdrop.
UNI is a governance token of Uniswap, which gives token holders the right to participate in the platform's functioning, operations, and plans. Since its airdrop launch in September 2020, UNI has been a highly volatile crypto token currently ranked 17th in the market cap.
In April 2024, the Securities and Exchange Commission issued a Wells notice to Uniswap Labs, alleging that Uniswap operates as an unregistered securities broker.
For the uninitiated, the SEC issues a Wells notice to inform an entity that investigations have been concluded and that the commission may soon take action against it for security violations. The Wells notice also allows the accused entity to rebut the SEC's claims and safeguard its interests.
Despite this regulatory turbulence, Uniswap has generated twice the fees in May-June 2024 compared to any other decentralized exchange, amounting to $100 million, ranking highest among the top 20 DEXs.
Some market experts believe that Uniswap (UNI) has successfully overcome the fear and uncertainty associated with regulatory intervention. In contrast, another section of crypto experts believe a massive price correction is imminent.
This brings us to the all-important question of the future of Uniswap (UNI). What is the potential of this token? Will Uniswap (UNI) overcome these hiccups and rally towards a bright future? Let's explore the brightest side of Uniswap to dig out the UNI token price prediction for 2024, 2025 and beyond.
Key Metrics | Value |
UNI Market Cap | $7.2 Billion |
UNI Rank by Market CAP | #17 |
UNI Circulating Supply | 599.9 Million UNI |
UNI Total Supply | 1 Billion UNI |
UNI Maximum Supply | 1 Billion UNI |
UNI All-Time High | $44.97 (May 2021) |
UNI All-Time Low | $0.4699 (September, 2020) |
What is Uniswap?
Uniswap is an open-sourced decentralized exchange (DEX), a first of its kind that pioneered the automated market maker mechanism. In a DEX, traders or users engage in peer-to-peer asset trading through liquidity pools. This permissionless system utilizes smart contract-controlled liquidity pools to eliminate the need for any middlemen or agencies in trading assets. This has now become a preferred method of trading for retail users, making Uniswap the top DEX across all blockchains thanks to its open-source functioning and user-friendly interface. Uniswap is today a cornerstone in the DeFi space, dominating other decentralized exchanges significantly.
Uniswap initially launched on Ethereum but has now spread its operations across 11 blockchains, including Base, Polygon, and BSE. Since then, Uniswap has evolved to create its ecosystem of governance systems, stablecoins, and analytics platforms.
Capitalizing on its success as the leading decentralized exchange, Uniswap launched its native governance token, UNI, which was airdropped to participants in September 2020.
Regulatory Notice to Uniswap
Amidst the Securities and Exchange Commission's widespread crackdown on the crypto market, the regulatory body issued a Wells notice to Uniswap in April 2024, citing that Uniswap is acting as an unregistered securities broker and an unregistered securities exchange.
Shortly after receiving the notice, Uniswap CEO Hayden Adams showed solidarity with Uniswap. They assured investors and the crypto community that their products, platform and offerings were legal and transparent.
Uniswap officially responded to the SEC in May 2024 through a 43-page submission stating that the assets traded on the platform are not securities but stablecoins and utility tokens. The platform also stated that it doesn't collect or maintain investor personal data, and litigation certainly isn't the way forward in strengthening the regulatory framework for crypto entities.
Uniswap Price History
Those who have followed UNI closely since its launch in September 2020 would know this token displays extreme price volatility. This is evident in its all-time high and all-time low, $44.97 and $0.4699, respectively, which is a flash 98.9% fallout. However, the last all-time low of $0.46 was seen during the first week of trading, and since then, it has never looked back.
Source: www.coinmarketcap.com
UNI entered the market on September 15th, 2020, with a launch price of $1.09941. On that day, 400 free UNI tokens were airdropped to each user or participant on the Uniswap platform, totalling 150 million tokens.
Shortly after its much-anticipated airdrop, UNI plummeted to an all-time low of $0.4699. From then on, this governance token continued to trade between $2.1343 and $4.18 for the rest of the year.
Uniswap had a fairly neutral run until January 2021, when it joined the crypto bull run and rallied to an ATH of $44.97, a massive 686% increase from its all-time high of $5.7205 in the earlier calendar year.
Entering 2022, Uniswap's fall was just as steep as its rise, with the token plummeting to $3.6378 in June 2022. This sudden fall could be attributed to the growing negative investor sentiment in the crypto market and rising interest rates globally. Also, the downfall of FTX, a cryptocurrency exchange, and a decline in the price of Ethereum in 2022 could be essential factors causing Uniswap's price plunge.
2023 has been a fairly uneventful run for Uniswap, with its price floating around the $3.9-$6.98 range. However, in March 2024, Uniswap enjoyed an upward rally of $14.91 after a considerably flat 2023.
At the time of writing in June 2024, this governance token is priced at $9.95, a whopping 105.5% price rise compared to June 2023.
Uniswap Price Prediction 2024
Despite the regulatory turbulence, plenty of positives are in store for Uniswap in 2024. Tremendous developments and increasing investor interest in decentralized finance (DeFi) will work in Uniswap's favour. From integrating DeFi projects with traditional financial systems to technological advancements through layer 2 solutions, the upcoming DeFi trends 2024 will be favourable to Uniswap.
UniswapX, an auction-based permissionless protocol, is a revolution in liquidity pools. It finds the best price for trade across Uniswap pools, DEX aggregators, and centralized exchanges. This automated market maker ensures the best interest of every trader. With Uniswap being the #1 DEX across all blockchains, this is a great way to onboard new users and retain old ones.
Moreover, all eyes are on Uniswap's next token unlock, which will occur in July 2024. Along the heels of July 2024, another unlock of the same magnitude will follow in August 2024. As the chart below illustrates, 8.33 million tokens in each round are all set to be unlocked as a means of probable fundraising for future projects. Research suggests that small unlock events that circulate less than 1% of the token supply usually don't have any negative impact on the token price.
Source: www.cryptorank.io
Source: www.cryptorank.io
Hence, we can probably expect a positive outlook for Uniswap in 2024. Keeping these factors in mind, our Uniswap price prediction for 2024 (USD) is $19. 4 (maximum), $13.2 (average) and $8.35 (minimum).
The same Uniswap price prediction for 2024 in INR is INR 1,621.06 (maximum), INR 697.72 (minimum) and INR 1,119.7 (average)
UNI Coin Price Targets for 2024 | Maximum Price | Minimum Price | Average Price |
UNI Coin Price Prediction 2024 (USD) | $19.4 | $8.35 | $13.2 |
UNI Coin Price Prediction 2024 (INR) | INR 1,621.06 | INR 697.72 | INR 1,119.7 |
Also Read: Book of Meme Price Prediction from 2024-2050
Uniswap Price Prediction 2025
Given the successful Bitcoin halving in April 2024, market experts predict that Bitcoin will reach ATHs in 2025. Traditionally, altcoins also mimic Bitcoin's upward trajectory; hence, we can expect that Uniswap can experience new ATHs in 2025.
In addition, Uniswap is consolidating its position as the most preferred DeFi platform for retail investors, so 2025 could be a good year for UNI.
The second half of 2024 will also see the launch of Uniswap V4. This revolutionary protocol introduces hooks, allowing developers to customize liquidity pools by attaching intelligent contracts. With features such as flash accounting, built-in oracles, and advanced automated market maker functionality, Uniswap V4 is a true game changer in the DEX space. It will reduce gas costs and slash the cost of creating new liquidity pools by 99%.
Uniswap V4 will increase the number of new retail investors gravitating towards the platform, thereby boosting the price of the UNI coin in 2025.
Considering the above factors, our prediction for Uniswap in 2025 is optimistic. The Uniswap price prediction for 2025 (USD) is $45.74 (maximum), $38.33 (average), and $23.4 (minimum).
The same Uniswap price prediction for 2025 in INR is INR 3822.03 (maximum), INR 1955.30 (minimum) and INR 3202.85 (average)
Uniswap Price Targets for 2025 | Maximum Price | Minimum Price | Average Price |
Uniswap Price Prediction 2025 (USD) | $45.74 | $23.4 | $38.33 |
Uniswap Price Prediction 2025 (INR) | INR 3,822.03 | INR 1,955.30 | INR3,202.85 |
Uniswap Price Prediction 2030
The most prominent factor in the Uniswap Price prediction for 2030 is the widespread adoption of decentralized exchanges among investors and newer developments in this space, such as UniswapX.
The global cryptocurrency market is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.5% from 2023 to 2030. The total number of crypto users or investors is likely to reach 1 billion. The total crypto market size is expected to triple by 2030. Uniswap is likely to be a frontrunner in this growth, and hence, we maintain a positive outlook for Uniswap price prediction in 2030. By 2030, market experts and analysts predict that Uniswap will breach the $100 resistance level and enter the triple-digit league.
Recently, Uniswap has faced criticism that its token doesn't offer an in-built dividend or cash flow. SUSHI, on the other hand, a competitor of UNI, offers unique incentives such as yield farming to its token holders. In the long run, Uniswap Labs may address these concerns and boost the financial benefits for its token holders.
From a development perspective, Uniswap is looking to fashion itself into an ecosystem that offers several crypto services. Uniswap's acquisition of NFT marketplace Genie in 2022 would come to fruition in the long term as Genie's integration into the Uniswap ecosystem will facilitate universal ownership.
What's more, Uniswap aims to improve its user experience via developer tools, thus putting its best foot forward to retain its reign as the #1 DEX.
Considering the above factors, our Uniswap price prediction for 2030 (USD) is $103.34 (maximum), $73.76 (average), and $57.95 (minimum).
The same Uniswap price prediction for 2030 in INR is INR 8,635.09 (maximum), INR 4,842.30 (minimum) and INR 6,163.38 (average)
Uniswap Price Targets for 2030 | Maximum Price | Minimum Price | Average Price |
Uniswap Price Prediction 2030 (USD) | $103.34 | $57.95 | $73.76 |
Uniswap Price Prediction 2030 (INR) | INR 8,635.09 | INR 4,842.30 | INR 6,163.38 |
Note: All INR price predictions in this Uniswap Price Prediction blog are based on the current USDT-INR exchange rates (1 USDT = INR 83.56).
Discover: Can PEPE reach $1?
Uniswap Price Prediction 2040
Many well-known experts and crypto analysts extend a positive long-term outlook for the cryptocurrency market. 2040 is also the year for an expected Bitcoin halving event, the positive ripples of which will be felt across the crypto world.
Keeping the above factors in mind, our Uniswap price prediction for 2040 (USD) is $174.85 (maximum), $112.54 (average) and $85.35 (minimum).
The same Uniswap price prediction for 2040 (INR) is INR 14,610.46 (maximum), INR 7,131.84 (minimum) and INR 9,403.84 (average)
Uniswap Price Targets for 2040 | Maximum Price | Minimum Price | Average Price |
Uniswap Price Prediction 2040 (USD) | $174.85 | $85.35 | $112.54 |
Uniswap Price Prediction 2040 (INR) | INR 14,610.46 | INR 7,131.84 | INR 9,403.84 |
Uniswap Price Prediction 2050
The macroeconomic condition of the crypto market, particularly the demand for DEX platforms, will significantly determine Uniswap's price in 2050. Additionally, the performance of the UniswapX will be a significant factor in the long-term success or failure of the UNI token.
The market sentiment for UNI in 2050 remains neutral, as experts believe that a lot could go right or wrong for this token 25 years later. Hence, the projections for Uniswap's price in 2050 are fairly wide, keeping in mind its highly volatile nature.
Therefore, our Uniswap price prediction for 2050 (USD) is $345.85 (maximum), $203.91 (average) and $153.63 (minimum).
The same Uniswap price prediction for 2050 in INR is INR 28,899.22 (maximum), INR 12,837.32 (minimum) and INR 17,038.71 (average)
Uniswap Price Targets for 2050 | Maximum Price | Minimum Price | Average Price |
Uniswap Price Prediction 2050 (USD) | $345.85 | $153.63 | $203.91 |
Uniswap Price Prediction 2050 (INR) | INR 28,899.22 | INR 12,837.32 | INR 17,038.71 |
Below is a compiled table of UNI Coin price predictions for 2024, 2025, 2030, 2040 and 2050 in USD:
Uniswap Price Targets USD | Maximum | Minimum | Average |
2024 | $19.4 | $8.35 | $13.2 |
2025 | $45.74 | $38.33 | $23.04 |
2030 | $103.34 | $57.95 | $73.76 |
2040 | $174.85 | $85.35 | $112.54 |
2050 | $345.85 | $153.63 | $203.91 |
Similarly, below is a compiled table of UNI coin price predictions for 2024, 2025, 2030, 2040 and 2050 in INR:
Uniswap Price Prediction INR | Maximum | Minimum | Average |
2024 | INR1,621.06 | INR 697.72 | INR 1,119.7 |
2025 | INR 3,822.03 | INR 1,955.30 | INR 3,202.85 |
2030 | INR 8,635.09 | INR 4,842.30 | INR 6,163.38 |
2040 | INR 14,610.46 | INR 7,131.84 | INR 9,403.84 |
2050 | INR 28,899.22 | INR 12,837.32 | INR 17,038.71 |
Is UNI Coin a Good Investment?
UNI coin is a safe buy for more than one reason. It is the native governance token of the biggest decentralized exchange among all blockchains. Moreover, the continuous development of the platform with the introduction of the Uniswap V4 protocol in the second half of 2024 will positively influence the price of UNI. Financial analysts and crypto experts have a positive outlook for the UNI coin. Hence, crypto investors can consider the UNI coin a good investment.
Could Uniswap Price hit the $1000 mark?
For Uniswap to reach the $1000 mark, it will have to gain a whopping 9950.24% from its current price of $9.95. This tremendous leap in price looks unlikely, given its volatile nature and the uncertainty of cryptocurrencies.
Having said that, as cryptocurrencies are uncertain and unpredictable investments governed by various macro-economic and micro-economic factors, investors must conduct their due diligence before investing and making long-term price assumptions.
Also Read: Polkadot price prediction. Can DOT reach $1000?
FAQs
1. Does Uniswap (UNI) have a future?
Uniswap is currently the most prominent decentralized exchange operating on the Ethereum blockchain. Uniswap's straightforward and fuss-free interface and user-friendly trading process make it a preferred platform for retail investors. What's more, Uniswap's latest offering, Uniswap V4, is all set to revolutionize DeFi with features such as Singleton contracts, flash accounting, improved architecture and built-in articles. This innovation is all set to make creating new liquidity pools 99% cheaper. Hence, we see Uniswap and its native governance token, UNI, having a promising and lucrative future in the crypto world.
2. How high can Uniswap go in 2024?
There are plenty of positives for Uniswap in 2024. UniswapX, an auction-based permissionless protocol, is an automated market maker that is an attractive platform for traders to get the best possible price in the market for their trade. Additionally, the upcoming token unlock of 8.33 million UNI is slated for August 2024, which is less than 1% of its total supply, ensuring no oversupply of the token.
These aspects project a positive trajectory for Uniswap in 2024. Our Uniswap price prediction for 2024 (USD) is $19. 4 or INR 1,621.06. As cryptocurrencies are an uncertain and unpredictable investment governed by various macro-economic and micro-economic factors, investors must conduct their due diligence before investing.
3. Could Uniswap Price hit $100?
Uniswap will have to gain 905% from its current price of $9.95 (at the time of writing) to reach $100. This scenario is probable given that Uniswap is the #1 decentralized exchange across all blockchains. We estimate that Uniswap's price could hit $100 by 2030.
4. How to buy Uniswap coins in India?
You can easily buy Uniswap in India on the safest crypto exchanges, like Flitpay, with the lowest fees.
To Buy Uniswap (UNI) in India:
1. Register on Flitpay and create an account.
2. Verify your identity through Know-your-customer (KYC)
3. Add INR or Fiat currency, corresponding to the amount of UNI you want to buy.
4. Instantly buy UNI with the deposited funds.
Read More Crypto Price Predictions to know which is the best crypto to buy for the long- term.