What Is Uniswap (UNI)?
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.
In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future – an attractive aspect of decentralized entities.
Who Are the Founders of Uniswap?
Uniswap came about as a plan to introduce AMMs on Ethereum to a wider audience. The platform’s creator is Ethereum developer Hayden Adams.
Adams worked in various projects while finalizing Uniswap, and his work was informed directly by Ethereum creator Vitalik Buterin. Buterin even ended up giving the protocol its name – it was originally known as Unipeg.
Adams has also said that the original inspiration for the Uniswap platform came from one of Buterin’s own blog posts. His original idea to focus on Ethereum came after a friend convinced him to begin researching and understanding the protocol in 2017.
Uniswap Price Prediction
If you’re looking for Uniswap price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Uniswap (UNI) will go in the future? We will analyze the past prices of Uniswap (UNI) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|2021||$ 13.34||$ 14.75||$ 15.17|
|2022||$ 20.28||$ 21.02||$ 24.85|
|2023||$ 30.29||$ 31.14||$ 35.93|
|2024||$ 43.24||$ 44.80||$ 52.16|
|2025||$ 59.62||$ 61.41||$ 74.04|
|2026||$ 85.06||$ 87.51||$ 100.95|
|2027||$ 122.41||$ 125.91||$ 148.55|
|2028||$ 174.38||$ 179.42||$ 211.00|
|2029||$ 246.69||$ 255.66||$ 297.02|
|2030||$ 334.25||$ 347.03||$ 424.94|
|USD Price||$ 14.77|
|24h Volume||$ 169,793,457|
Uniswap (UNI) Price Prediction
At reconshell.com we predict future Uniswap price predictions/UNI forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Uniswap. We do our best to collect maximum historical data for the UNI coin which include multiple parameters like past price, Uniswap marketcap, Uniswap volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Uniswap Price Prediction 2021
According to our deep technical analysis on past price data of UNI, In 2021 the price of Uniswap is predicted to reach at a minimum level of $13.34. The UNI price can reach a maximum level of $15.17 with the average trading price of $14.75.
Uniswap Price Prediction 2022
The price of Uniswap is predicted to reach at a minimum level of $20.28 in 2022. The Uniswap price can reach a maximum level of $24.85 with the average price of $21.02 throughout 2022.
UNI Price Forecast for 2023-2024
As per the forecast price and technical analysis, In 2023 the price of Uniswap is predicted to reach at a minimum level of $30.29. The UNI price can reach a maximum level of $35.93 with the average trading price of $31.14.
The price of 1 Uniswap is expected to reach at a minimum level of $43.24 in 2024. The UNI price can reach a maximum level of $52.16 with the average price of $44.80 throughout 2024.
Uniswap Price Prediction 2025
Uniswap price is forecast to reach a lowest possible level of $59.62 in 2025. As per our findings, the UNI price could reach a maximum possible level of $74.04 with the average forecast price of $61.41.
Uniswap Price Prediction 2026
According to our deep technical analysis on past price data of UNI, In 2026 the price of Uniswap is forecasted to be at around a minimum value of $85.06. The Uniswap price value can reach a maximum of $100.95 with the average trading value of $87.51 in USD.
Uniswap (UNI) Price Prediction 2027
The price of Uniswap is predicted to reach at a minimum value of $122.41 in 2027. The Uniswap price could reach a maximum value of $148.55 with the average trading price of $125.91 throughout 2027
Uniswap Price Prediction/Forecast 2028
As per the forecast and technical analysis, In 2028 the price of Uniswap is expected to reach at a minimum price value of $174.38. The UNI price can reach a maximum price value of $211.00 with the average value of $179.42.
Uniswap (UNI) Price Prediction 2029
The price of Uniswap is predicted to reach at a minimum value of $246.69 in 2029. The Uniswap price could reach a maximum value of $297.02 with the average trading price of $255.66 throughout 2029.
Uniswap Price Prediction 2030
Uniswap price is forecast to reach a lowest possible level of $334.25 in 2030. As per our findings, the UNI price could reach a maximum possible level of $424.94 with the average forecast price of $347.03.
What Makes Uniswap Unique?
Uniswap exists to create liquidity – and therefore trading and the value that trading provides – for the DeFi sphere.
One of the major AMMs in operation at present, the protocol functions using a formula for automated exchange – X x Y = K. Founder Hayden Adams describes himself as the inventor of the particular implementation of the formula on Uniswap.
Uniswap is not just a decentralized exchange; it attempts to solve the issues that platforms such as EtherDelta experienced with liquidity.
By automating the process of market making, the protocol inceventizes activity by limiting risk and reducing costs for all parties. The mechanism also removes identity requirements for users, and technically anyone can create a liquidity pool for any pair of tokens.
According to Uniswap, their governance token (UNI) was created in order to “officially enshrin[e] Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.”
Uniswap V2 launched on Nov. 2, 2018, and introduced new features like ERC-20 pairs, price oracles, flash swaps and more. The latest version – Uniswap V3, launched on the mainnet on May 5, 2021. It features greater capital efficiency for liquidity providers, better execution for traders and enhanced infrastructure. Uniswap price reached an all-time high (ATH) of $44.97 leading up to the mainnet launch of V3. Since it’s launch there has been substantial interest in it’s UNI to AUD and UNI to EUR price pairs.
How Many Uniswap (UNI) Coins Are There In Circulation?
The total supply of Uniswap’s governance token, UNI, is 1 billion units. These will become available over the course of four years, after which Uniswap will introduce a “perpetual inflation rate” of 2% to maintain network participation.
Token distribution currently consists of the following: 60% to Uniswap community members, i.e. users, 21.51% to team members, 17.8% to investors and 0.69% to advisors. The latter three distributions will occur according to a four-year vesting schedule.
Out of the majority set to go to users, 15% can be claimed by those who used Uniswap prior to Sep. 1, 2020. These even include users who submitted transactions which were never successful — they are eligible for 400 UNI.
The UNI token serves the purpose of enabling shared community ownership in the growth and development of the decentralized protocol. This allows UNI holders to participate in the governance of the Uniswap protocol and wider ecosystem, in a neutral and trustless manner. The success and adoption of Uniswap products will positively impact Uniswap price, hence incentivizing token holders to contribute to the self-sustaining development of the ecosystem.
Four years after the UNI token launch, in September 2024, a perpetual inflation rate of 2% annually will take effect. This is to ensure that participation in the Uniswap ecosystem continues, by disincentivizing passive holders.
How Is the Uniswap Network Secured?
Uniswap is a decentralized protocol for trading, and UNI is its in-house governance token. UNI is an ERC-20 token, meaning it requires Ethereum to function.
ERC-20 merely defines a set of rules for tokens, as well as security considerations mainly related to the strength of the Ethereum network. For example, congestion can hike the price of gas needed to perform transactions, leading to delays and abnormally high transaction fees, which impact all participants.
Separately, smart contracts can cause security issues that could lead to DeFi traders losing funds; in fact, hackers have already succeeded in stealing millions of dollars in DeFi’s short lifetime as of September 2021.
Where Can You Buy Uniswap (UNI)?
Uniswap’s UNI governance token is available for trading on major exchanges against other cryptocurrencies, stablecoins, fiat currencies and more.
These include Binance, Huobi and Coinbase Pro, along with, naturally, Uniswap’s protocol itself – Uniswap (V2) and Uniswap (V3).