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Uniswap Eyes Wider UNI Burn After Robinhood Chain Hits $6B Volume

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uniswap uni

Key Insights:

  • Uniswap price in focus as voters decide whether v4 fees can fund additional UNI burns.
  • Robinhood Chain reached $6 billion in Uniswap volume within ten days.
  • Fees from new deployments would flow into TokenJar before UNI is burned.

Uniswap governance is moving toward two votes that could widen the UNI burn across new pools and networks. UNI trades around $3.52 to $3.53 after gaining nearly 1% over 24 hours. The token also holds above the $3.41 Fibonacci support level.

The proposals cover selected Uniswap v4 pools and v2 and v3 deployments on Robinhood Chain. Voting runs from July 19 through July 26. Robinhood Chain processed more than $6 billion in cumulative Uniswap swaps within ten days of launch.

That early trading volume lends added weight to the fee debate and could support Uniswap Price if governance approves the protocol fee proposals. The daily chart shows improving momentum, although buyers still face resistance near $3.57.

Uniswap UNI Burn Vote Brings v4 Fees Across Seven Networks

The first proposal would activate protocol fees for selected Uniswap v4 pools. It covers Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain.

Uniswap v4 needs a different fee structure from earlier versions. Hooks can change pool behavior and adjust fees between blocks. Governance, therefore, cannot apply a single fixed setting across all v4 pools.

The proposal on the Uniswap Governance Forum introduces a V4FeePolicy contract to calculate each eligible fee. A V4FeeAdapter would apply those rules and send collected assets to TokenJar. The first rollout covers static-fee pools, continuous clearing auction pools, and aggregator-hook pools.

This structure lets governance manage the entire family of pools through a unified framework. It avoids repeated votes for individual pools while keeping fee rules visible onchain. Approval would connect v4 trading activity to the UNI burn for the first time.

Protocol fees already operate across v2 and v3 pools on 11 networks. Uniswap recorded a one-day burn of 186,000 UNI last month, as per Uniswap Labs. New v4 fees could accelerate that pace if swap activity remains strong.

Robinhood Chain Could Add More Fuel to the UNI Burn

The second vote targets Uniswap v2 and v3 fees on Robinhood Chain. Uniswap launched all three exchange versions there on July 1. Cumulative swap volume passed $6 billion by July 10.

If approved, the fees would be moved into a TokenJar contract on the Robinhood Chain. Searchers could claim those assets by supplying UNI of equal value. That UNI would then bridge to Ethereum and enter the burn address.

Robinhood Chain uses the Arbitrum Orbit framework. The proposal, therefore, follows an established cross-chain governance route. Messages would move from Ethereum to the network through retryable tickets.

Strong early volume could lift the UNI burn, but durability matters. Much of Robinhood Chain’s first activity came from speculative token trading. Lower swap demand would reduce fee collection after approval.

The Robinhood vote does not activate v4 fees on its own. Robinhood v4 activation is included in the separate v4 proposal. Both votes must pass for all three Uniswap versions to feed the expanded system.

Uniswap Price Holds Firm as Momentum Begins to Cool

The Uniswap price reached a daily high of $3.59 on July 19th after a strong recovery from June lows around $2.36. UNI price recently reached the upper $3.70 area on July 11th before moving sideways. That pattern shows buyers holding gains without securing another breakout.

Our analysis showed that the RSI has reached 59.55 and remains above the neutral level. It also allows for gains to be made without becoming overbought. The reading generally leaves a positive impression as long as UNI remains above $3.41.

Uniswap Token (UNI) daily chart: Source: CoinMarketCap
Uniswap Token (UNI) daily chart: Source: CoinMarketCap

The MACD indicator is slightly in positive territory. The MACD line sits at 0.1591, above the 0.1544 signal line. But the histogram has tightened to 0.004748, indicating a slowing of upward momentum.

A close above $3.57 would expose the recent $3.83 swing high. Failure to hold the $3.41 Uniswap price level could shift attention toward $3.28. Trading volume has declined sharply, leaving the next move dependent on stronger participation and the governance result.

Note: The information shared through this news article is for informational purposes only and not financial advice. Conduct your own research and consult a qualified financial advisor before making any investment decisions.

The post Uniswap Eyes Wider UNI Burn After Robinhood Chain Hits $6B Volume appeared first on The Coin Republic.

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