Tokenized Stock Trading Volume Grows Nearly 10x in a Month
Stock token trading volume on Uniswap via Robinhood Chain has reached a record high, processing approximately $130 million in trades in a single day, nearly 10 times the volume from a month ago.
This volume is relatively evenly distributed between Uniswap v3 and v4. v3 continues to offer deeply concentrated liquidity pools, while v4 is rapidly gaining market share by leveraging custom Hooks, dynamic routing, and lower transaction costs.
This indicates that the upgraded DEX infrastructure is now capable of handling significant-scale stock token trading, and Uniswap's growth narrative is no longer limited to traditional cryptocurrency swaps.
UNI Rises from $2.40 to $4.60, a Cumulative Increase Exceeding 90%
The price of UNI has risen from around $2.40 in June to approximately $4.60 in August, marking a cumulative increase of over 90%. This rally aligns with the growth in Robinhood Chain trading volume, RWA demand, and protocol fee revenue, suggesting stronger fundamental support than mere market hype.
Historically, following a liquidity washout in late 2020, UNI experienced a parabolic rise, ultimately reaching its all-time high near $44. The current price structure in 2026 also shows similar liquidity washout characteristics. However, whether history will repeat itself still depends on subsequent buying pressure and overall market liquidity.
Robinhood's own stock price provides another perspective. HOOD previously ascended toward its all-time high of $154, forming a cup-and-handle pattern. After a roughly 58% pullback to $64 in 2026, it has rebounded. If the Robinhood Chain ecosystem continues to expand, Uniswap could benefit concurrently from the growth in stock token trading.
$7.82 is the First Major Hurdle
If UNI receives sustained buying pressure, $7.82 will pose the first significant resistance, as this level is close to the 200-period exponential moving average on the weekly chart.
A successful break above $7.82 could see the price target $11 next, with a strong scenario potentially bringing $22 into view. However, until $7.82 is decisively breached, these higher targets remain potential, not confirmed objectives.
In the short term, it's crucial to watch whether UNI can hold support around $5 and if Robinhood Chain's daily trading volume can remain elevated. If the RWA trading fervor significantly subsides, UNI could experience substantial profit-taking following its rapid ascent.





