USI over $9: Three catalysts push Uniswap to revalue

Todju, the gold fortune.

Summary:Since 17 September, the UNI has again become one of the most visible mainstream tokens in the encrypted market, rising to over $9 and more than 30% 24 hours. This paper summarizes the reasons behind recent price increases in UNI.

I. SEC Innovative Exemptions

On 17 September, the United States SEC announced an “innovation exemption”.

According to the official documents of the SEC, two types of temporary conditional exemption are granted under section 36(a)(1) of the Securities Exchange Act 1934 (the “Transaction Act”):

First, it excludes from the definition of “exchange” in section 3 (a) (1) of the Act certain trading premises known as the Place of Exchange for Currencyized Securities (Tokenized Securitys, TSV); Second, it excludes certain liquid providers (known as Covered Fires, covered companies) from the definition of “transactionor” in section 3(a)(5) of the Act. The innovation exemption aims to address the challenges that prevent responsible innovation from taking root in the United States, while providing standards of investor protection and market integrity. In addition, the anti-fraud and anti-manipulation provisions of the Federal Securities Act are fully applicable to all securities activities in these markets without exception.

Details are availableStatement of the President of the United States SEC on innovative exemptions

This exemption opened a regulated passage for DeFi to benefit Uniswap.

The founder of Uniswap Hayden Adams stated that the most important for AMM was not the text of the SEC “innovation exemption”, but the opinion accompanying Commissioner Hester Pierce. It says, “This order is not about going to centralization of finance. A truly software-driven decentrization system does not trigger the core concern in securities law that `you entrust to an intermediary, who may be stupid, negligent or bought' and that investors make point-to-point transactions with unlicensed smart contracts without exemptions. Hayden understands it as: ordinary unlicensed Uniswap is not in this sandbox and would not have had to apply for an exemption. The exemption applies to the licensed pool on Uniswap v4, which is available for assets and users if they need a compliance route. It believes that the Uniswap v4 pool is the new entry point for United States compliance transactions.

On 23 July of this year, Uniswap launched Permissioned Pools, a “permit pool”.Official UniswapIt is described that the product is based on the standard built by Uniswap v4 Hooks, which allows for a licensed transaction of compliance assets in AMM.

The “innovation exemption” introduced by the SEC further reduces the regulatory uncertainty that Uniswap faces in the United States market, and as a result the market has begun to reassess the potential market space for Uniswap.

Details are available"5 Question 5 Answers to US SEC Committee member Hester Peirce interprets the Council ' s innovation exemption policy"

Two, Robinhod Chain is the Uniswap.

In addition to the SEC policy, another catalyst of concern is Robinwood Chain.

On 2 July, Uniswap officially went online to Robinhood Chain.Official UniswapThe announcement that Uniswap v2, V3, V4 and UniswapX are on line Robinhood Chain and Uniswap is the main public AMM of the network.

Robinhod himself has a huge financial user base.Robinhood According to data released on 12 August, by the end of July, the number of funded clients stood at 28.5 million and Platform assets at approximately $355 billion. Robinhood owns a large number of users who are used to trading stocks, ETFs and crypto assets, without having to accumulate customers from scratch.

Previously, Uniswap had been the main target of transactions involving crypto assets, but cooperation with Robinhood had made it difficult for Uniswap to obtain shares and ETF assets that would otherwise have been difficult to access to DEX, as well as a large traditional financial user community, which had earned so much from Robinhood. On platform X, Uniswap wrote that 80 per cent of all stock transactions in coins were carried out on Uniswap. This means that the volume of transactions has reached $10 billion and is growing steadily.

According to DefiLlama, Uniswap TVL was $3.639 billion, and DEX transactions over the past 30 days amounted to $81.232 million, fees for 30 days amounted to $190.8 million and agreement revenue amounted to $1.564 million. At the same time, the market value of UNI was about $5.284 billion, round-the-clock transactions amounted to $1,743 million and the size of the Uniswap Treasury was about $2.12 billion. There is no doubt that Uniswap continues to maintain several billion-dollar chain liquidity and tens of billions of dollars-grade monthly trading scale, and the market is paying attention to how much revenue these transactions can generate.

According to DefiLlama, Robinwood Chain ' s contribution to Uniswap was 80 per cent absolute on 4 September. The income generated by Robinwood Chain is more than nine times that of the second-ranked Ether House. If the time is lengthened, between the beginning of this year and mid-August, it will also be dominated by the Taifung and Base. However, between the end of August and the beginning of September, Robinhod Chain ' s defection surged as a core growth engine.

More content to view"Robinwood Stock Uplink."

Robinwood Chain doubled the UNI buyback.

III. Repurchase mechanism to enhance UNI value capture

Another important reason for the recent rise in UNI is that Uniswap is enhancing UNI value capture through buyback and destruction mechanisms.

One of the biggest disputes before Uniswap was that the agreement had huge transaction-scale and processing fee revenues, but these did not translate into natural equivalents to UNI holders. This is changing as Uniswap moves towards operating protocol costs.

According to the Uniswap official developer’s file, the current protocol costs cover Uniswap v2 and part of the V3 pool, which are collected centrally through a chain contract such as Token Jar.

According to Dune data, some 112 million pieces are currently cumulatively destroyed by UNI, or 11.2 per cent of the maximum supply of 1 billion. On 17 September, 70,000 units were burned on a single day, of which 36,000, or more than 50 per cent, were contributed by the Robinhood chain; On 4 September, 184,000 units (currently valued at approximately $1564,000) were burned on a single day, of which the Robinhood chain contributed about 150,000, or more than 80 per cent; Some 1946,000 were destroyed throughout August, the highest month after the burning mechanism was opened.

The impact of Robin Chain on UNI is clearly not just an increase in the volume and type of transaction, but as Robinwood Chain’s stock tokens, crypto assets and other chain-based asset transactions expand in scale, the agreement costs to Uniswap may also increase simultaneously and further strengthen the UNI buy-back and destruction mechanisms.

IV. How much will the UNI go up in the future?

According to Coinpedia, UNI has made a strong breakthrough in the area of resistance near the previous $6.50. This breakthrough was accompanied by an increase in trade volume that further consolidated the upward trend. US$ 10The psychological closure.

TradingKey notes that the UNI disk has soared to $8.8, up from November 2025, with multiple target prices. $12.

FXEmpire states that UNI could increase prices by about 80 per cent after having broken a huge drop in wedge pattern that lasted almost two years. 12.70 United States dollars.

On Polymarket, the market thought prices were out of line. Eleven dollars.The probability is more than half, reaching 55%. It is believed that the price of UNI will rise to $15.5 per cent; it will increase to $14 by 22%; and it will rise to $12.5 by 18%.