According to CoinMeta, the price of Uniswap broke through an 8-month high driven by institutional buyers, with a trading price of around $6.2 on Thursday, which represents a rise of about 10% from the daily low and about 44% from $4.33 a week ago. This increase was fueled by increased activity on the Robinhood chain and institutional purchases. On-chain analyst Professor Onchain cited CoinMeta data indicating that market makers Wintermute transferred 2.03 million Uniswap to their market-making wallets this week, worth approximately $11.07 million. The net inflow of spot transactions on September 1st rose to $11.2 million, reaching the highest level since December 2025. Uniswap generated $3.91 million in fees over the past 24 hours, and the fundamentals of the protocol show strong growth. If the trading activity on the Robinhood chain remains strong, the rise of Uniswap could continue to the $7 range.