Uniswap’s UNI token opened July with a powerful rally, climbing 13.3% to around $3.17 in 24 hours, dramatically outperforming Bitcoin’s 2.78% gain over the same stretch. The surge follows a series of converging catalysts, with the most significant being a deep integration between Uniswap and Robinhood’s newly launched Layer 2 blockchain, Robinhood Chain.
From day one, Uniswap serves as the primary public automated market maker on Robinhood Chain. Uniswap Protocol and UniswapX are fully integrated across the Uniswap Web App, Wallet, and API, enabling users to swap assets and provide liquidity on a blockchain specifically designed for real-world assets. The collaboration extends beyond retail trading: developers and AI agents will gain access to Robinhood Chain through the Uniswap API, with dedicated AI Skills set to arrive in the near future.
Standard Chartered’s Head of Digital Asset Research, Geoff Kendrick, believes the market is significantly underestimating the partnership. He described it as a major vote of confidence in Uniswap’s technology from a traditional financial giant like Robinhood, and a signal that more institutional DeFi partnerships are likely. Standard Chartered has set a $100 price target for UNI, citing its potential as a central hub for trading tokenized assets.
Other bullish factors reinforced the momentum. On June 30, Uniswap integrated MegaETH, an Ethereum execution layer capable of processing over 100,000 transactions per second, promising faster and cheaper swaps. On‑chain whale transactions hit a seven‑month high after Spark Protocol moved approximately $150 million in stablecoin liquidity into Uniswap v4. More than 1,500 developers have signed up for v4 development programs, and Uniswap expanded its integration with Ondo Finance, bringing over 430 tokenized U.S. stocks and ETFs onto Ethereum and BNB Chain.
Technical analysis shows UNI bouncing off the $2.75–$2.80 zone and blasting through $3.00. The RSI has climbed to about 70.5 and the Stochastic RSI is above 90, indicating strong but potentially overheated momentum. Immediate resistance lies at $3.30–$3.40, which capped prices in mid‑June. A break above that could target the June peak near $3.70. Support stands at $3.00, with a deeper floor around $2.80.
For July, the most probable range is $3.40–$3.70. A bullish breakout backed by continued DeFi inflows and Bitcoin strength could propel UNI to $4.00–$4.50. Conversely, profit‑taking or a wider market downturn could push the token back into the $2.70–$2.90 zone. Standard Chartered’s staged forecast projects $6.50 by end‑2026, $20 in 2027, $40 in 2028, $65 in 2029, and eventually $100 in 2030.
