Uniswap Price Rally Continues as Retail Demand and Stablecoin Activity Rise

Uniswap (UNI) extended its three-day streak of steady recovery above its 50-day Exponential Moving Average (EMA) at $3.08, rising by 3% on Friday.

The DeFi protocol's growing market share in stable-to-stable swap volume to 58% over the last 30 days reflects increased network demand.

Rising retail demand, with a 5% jump in UNI futures Open Interest, suggests further upside for Uniswap.