What’s Driving Uniswap (UNI) Up 30% Today? 🌑🦇

UNI just blasted off like crazy today, up a solid 30% and hitting almost $9.20 for the first time in 10 months. Fr this move feels kinda different rn.

The Big Triggers Fueling It All 🔥

The SEC dropping their Innovation Exemption is probably the real spark here, giving some temporary relief for on-chain tokenized stock trades. Hayden Adams straight up called the Hester Peirce comment letter the most bullish part, where she said truly decentralized autonomous systems don’t even need an exemption. That opens doors for Uniswap v4 permissioned pools in a compliant way. The whole crypto scene bounced back too even after some Senate drama and rate hikes, with BTC over $78k, ETH reclaiming $2.5k and coins like NEAR popping double digits. 🌙🖤💀

Where Could UNI Head Next? ✨

Analysts are seeing way more room to run. Altcoin Sherpa eyes $11 next if BTC stays chill. CW thinks it glides up smoothly toward $12.75 where resistance hits hard after that. Crypto With Gopal points at a breakout above $10 that could send it soaring toward $20. 😈📈 Meanwhile the RSI at 88 shows things are super overbought so a quick dip might sneak in soon.