2,295 new UNI addresses mark four-year high, Santiment highlights $7 key support

Uniswap (UNI) recorded its strongest surge in new wallet creations in nearly four years, with analytics firm Santiment reporting 2,295 new addresses generated in a single day. This marks the highest network growth for UNI since November 2022, as measured by the number of addresses interacting with the token for the first time. Santiment, a blockchain analytics company, tracks network growth by counting unique addresses that engage with a protocol’s token for the first time. While this figure does not indicate individual users—since one person can control multiple wallets—the spike suggests an influx of fresh on-chain participation around UNI.

Source: CoinTurk News