According to CoinMeta, Uniswap cryptocurrency rose by about 44% in July, becoming one of the strongest large tokens, reflecting an improved demand for UNI as well as increased trading activity on the Uniswap protocol. However, after several weeks of gains, the token has reached a major resistance area, and the price has also shown a slight bearish divergence. The current price of UNI is above $4, and breaking through this resistance level could trigger new momentum, with the next resistance zone being above $6. The trading volume of Uniswap V4 in July saw a significant increase, reaching the highest level in the past five months. The trading volume in July exceeded $52 billion, representing a notable improvement from $36.7 billion in May. Uniswap V4 holds a leading position among the top DEX, with weekly trading volume reaching $6.17 billion, surpassing other DEX such as PumpSwap, Aerodrome, and Kalshi. The dominant position of the Uniswap ecosystem has been further consolidated.