Santiment reports Uniswap’s highest yearly activity and largest new-address spike since September 2020, with 14,591 active and 13,137 new addresses. UNI faces support at 6.60–6.80, while resi
Uniswap recorded 14,591 daily active addresses and 13,137 new UNI addresses, reaching its highest yearly activity and largest network growth spike since September 2020. However, UNI trades near $7 after retreating from September’s peak above $10. Meanwhile, its price remains below the 200-day moving average as October’s correction continues.
According to Santiment Intelligence, Uniswap’s daily active addresses reached 14,591, the highest level in a year. New address creation also climbed to 13,137, marking the largest increase since September 2020.
Several ecosystem upgrades accompanied the activity surge. Aggregator Hooks now route external liquidity through Uniswap v4, while VolatilePair Hooks expanded dynamic pricing. Additionally, Unichain’s OP Enterprise upgrade was scheduled for October 29.
Santiment identified $7 as the level UNI needs to hold, with $7.50 as the first confirmation of stronger momentum. The report also identified $8 as a potential price target if activity remains elevated and UNI maintains support.
UNI’s price history from April 29 to October 29, 2026, shows a decline from approximately 3.30–3.80 toward 2.40–2.50 between late April and June.
The token then recovered through July and August, reaching around $4.50 before accelerating above $7 in late August and September. UNI briefly approached 10.00–10.80 around September 23. However, October brought a sharp reversal, pushing the price below $8 and toward $7.
The 50-day moving average now slopes downward near $7, while the 200-day average stands at $7.88. Consequently, $7.88 remains overhead resistance, while 7.30–7.50 forms a nearer resistance zone.
Immediate support lies between $6.60 and $6.80, followed by $6.00. A break below the first support zone could extend the correction, while a recovery above $7.88 would strengthen the technical outlook.
Santiment’s adoption figures contrast with the chart’s latest activity readings. The chart’s orange bars show the latest daily active address reading near 122, below September’s spike. However, active addresses alone cannot establish whether users are buying or selling UNI.
