Uniswap: As UNI surges 14%, can it hold amid liquidity woes?

Uniswap rebounds as holders surge, treasury strengthens, and derivatives traders stay bullish despite spot market pressure.

• Analysis shows that UNI has rallied as the number of active addresses and its treasury value have surged.
• Volume activity and liquidity flow have not favored the asset’s upward movement.

Uniswap [UNI] has experienced an impressive upswing over the past 24 hours, rallying by 14%, as observed on CoinMarketCap.

This surge has erased losses recorded over the past month, putting UNI back in the positive zone.

An analysis of market sentiment indicates that while on-chain activity could open the door to further rallies, the asset still faces threats, as AMBCrypto’s research suggests.