UNI Price Tests $7 as Uniswap Wallet Activity Surges and Robinhood Adds Stock Tokens

• UNI price was near $7.06 as Santiment reported 14,591 active addresses and the largest daily increase in new addresses since September 2020
• Robinhood added eight stock and ETF tokens, while Uniswap’s v4 Aggregator Hooks expanded liquidity routing
• A hypothetical $500 UNI purchase at $7.06 would return $3,181.30 at $44.92, a 536.26% gain

Uniswap is adding more ways to trade, and activity around its UNI token has jumped. UNI was near $7.06 at press time, after an earlier attempt to move above $7.30 faded. New Robinhood stock tokens and changes to liquidity routing give traders developments to follow. But the next test is if the burst of wallet activity lasts long enough to support a recovery.

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Uniswap Network Activity Reaches Multiyear Milestones

Santiment reported 14,591 daily active UNI addresses, the highest in a year, alongside 13,137 new addresses, the largest daily increase since September 2020. Its October 28 update put renewed attention on Uniswap network activity.

They track addresses sending or receiving UNI, rather than everyone swapping through the exchange. Transfers between wallets or exchanges can contribute to the count, and one person can control several addresses. The increase is substantial, but it does not reveal how many new investors have entered.

There are concrete product changes to watch. Uniswap launched Aggregator Hooks recently, bringing seven external liquidity sources into v4 routing across Ethereum, Base, and Robinhood Chain. Uniswap says swaps through these routes pay protocol fees that contribute to UNI burns.

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Robinhood Expands Trading as UNI Price Tests Support

Robinhood added eight stock and ETF tokens on October 28, including instruments referencing JPMorgan, Visa, McDonald’s, and the VanEck Gold Miners ETF.

Uniswap v3 already operates on Robinhood Chain alongside v2, v4, and UniswapX, according to Uniswap’s integration announcement. The new Aggregator Hooks belong to v4, and they should not be confused with a v3 upgrade.

For the near-term UNI price prediction, Santiment identified $7 as support, with $7.50 the first level that would strengthen the recovery case and $8 a further upside level. A sustained loss of $7 accompanied by fading activity would weaken that outlook. These remain conditional levels, not assured destinations.

What Would a $500 UNI Recovery Scenario Return?

MarketCapOf’s calculator shows that a hypothetical $500 purchase at $7.06 would reach $3,181.30 at a sale price of $44.92. UNI price hit an all-time high of $44.92 back in May 2021. This represents a $2,681.30 profit, or 536.26%, with entry and exit fees set to zero and taxes excluded.

The selected sale price is a hypothetical scenario, far beyond the nearer levels in Santiment’s analysis. Before that calculation becomes relevant to the market, UNI still has to sustain a recovery through $7.50 and $8.

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