- Uniswap price has advanced 57% since UNI successfully retested support near $4.15.
- Uniswap V4 leads tokenized stock DeFi venues with $59.1 million in deposited assets.
- Uniswap V4, Kamino Lend and Uniswap V3 control 63% of measured tokenized stock DeFi TVL.
Uniswap price trades near $7.00 after extending its 57% advance from the recent support retest. UNI recently reached an intraday high above $7.40.
Meanwhile, Uniswap V4 leads decentralised venues for tokenised stocks. Both developments have drawn attention to UNI’s technical position and network activity. The token has now reached a long-term downtrend watched by technical traders.
Uniswap Price Rally Tests Long-Term Downtrend Resistance
Crypto analyst Rekt Capital traced the rally to UNI’s retest near $4.15. Price briefly moved below that area during a volatile late-August test.
Buyers recovered the level, and the retest held into early September. UNI then climbed toward a macro downtrend that has limited earlier advances.
The Uniswap price now sits near that falling resistance rather than above a confirmed breakout. A weekly close beyond the trendline would strengthen the setup.
Rekt Capital also called for a successful retest after any break. A monthly close above the trendline would provide broader confirmation.
The $6.21 intraday low offers the nearest market reference. A return below that level could weaken short-term momentum after the sharp rise.
Tokenized Stocks Make Uniswap V4 the Largest DeFi Venue
Token Terminal reported $59.1 million in tokenized stock deposits on Uniswap V4. That figure places V4 above every other measured DeFi venue.
Kamino Lend ranked second with $41.7 million, while Uniswap V3 held $20.9 million. Together, those three venues controlled 63% of category DeFi TVL.
The two Uniswap versions held $80 million combined. Their total exceeded Kamino’s figure by $38.3 million at the reporting point.
Tokenized stocks represent blockchain-based exposure to traditional shares. Depositing them into DeFi protocols can support trading, lending, or collateral use.
Still, deposited value does not equal protocol revenue. Fees depend on active swaps and the terms governing each liquidity pool.
For Uniswap, the figures show expanding infrastructure use but do not guarantee continued gains. The market must also absorb selling near resistance.
Uniswap price still needs sustained closes above the macro downtrend before the analyst’s breakout conditions are met.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
