Buying Uniswap (UNI): value and trends

Why buy Uniswap (UNI)?

UNI could be a wise decision because it’s the native token of Uniswap, the first and largest decentralised exchange (DEX). The UNI token consistently ranks among the top 30 cryptocurrencies by market capitalisation, with an average monthly trading volume of approximately $50 billion. Since its launch in 2019, Uniswap has established itself as a leading platform in the DeFi space.

Let’s examine whether to buy Uniswap’s price performance over the past year.

In 2024, Uniswap (UNI) experienced significant growth, with the token price peaking at $12.09 in March. A pivotal moment occurred in February when the Uniswap Foundation proposed an updated governance system to distribute protocol fees to UNI holders who staked and delegated their tokens. This proposal resulted in a nearly 60% increase in UNI’s price, jumping from $7.24 to $10.22 in less than an hour. Additionally, the unlocking cycle for UNI tokens concluded in September 2024, and as a result, 100% of the total crypto supply is now circulating.

Furthermore, in November 2024, following Donald Trump‘s re-election as US president, the UNI token saw an additional 28% increase, spurred by expectations of a more favourable regulatory environment for cryptocurrencies.

The year 2025 has been highly volatile for UNI. After reaching a peak of $12 in January, the token fell to around $5 in April. It then climbed back to $12.50 by August. However, by the end of December, the price of UNI had dropped to $5.20.

What it is and how it came about

Before we decide whether to buy UNI, let’s examine its history. Uniswap was created in 2018 by Hayden Adams, a former programmer at Siemens. A proponent of blockchain technology, Adams developed the project to enable users to exchange cryptocurrencies without relying on centralised systems. His work has focused on improving decentralised exchanges (DEX).

Uniswap is currently the most prominent decentralised exchange in the world of cryptocurrency. A DEX platform facilitates cryptocurrency exchanges without the direct oversight of a company that typically owns the exchange. Instead, its operations rely entirely on smart contracts and algorithms. Uniswap has experienced significant success, surpassing Coinbase’s trading volume in October 2020. It has also played a crucial role in popularising many DeFi tokens, contributing to their rapid growth.