Uniswap price is trending up today following a sharp intraday rally. The move followed a 40% spike within 30 minutes after news broke that BlackRock had enabled trading of its $1.8 billion BUIDL fund on UniswapX and had begun accumulating UNI tokens.
UNI briefly pushed above $4 before easing back to $3.83 at the time of writing. Trading volume also exploded 224.81% to $582.73 million, far above recent averages, underscoring the intensity of the reaction.
The catalyst was immediate and concentrated. Buyers stepped in aggressively once BlackRock’s involvement became public, lifting the Uniswap price in a vertical move that forced short-term positioning to adjust.
BlackRock Integrates BUIDL With UniswapX, Invests in Ecosystem
Uniswap Labs and Securitize announced that BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) is now tradable via UniswapX. The integration allows qualified investors to swap BUIDL for USDC via a request-for-quote framework, with quotes sourced from whitelisted market makers, including Wintermute, Flowdesk, and Tokka Labs. Settlement occurs atomically on Ethereum.
The structure matters. BUIDL, backed by U.S. Treasuries, represents BlackRock’s first tokenized fund. Enabling on-chain trading through Uniswap’s market infrastructure effectively plugs a $1.8 billion real-world asset vehicle into decentralized liquidity rails.
BlackRock also disclosed a strategic investment within the Uniswap ecosystem and reportedly began buying UNI tokens. That combination, product integration plus capital allocation, drove the initial 40% surge in Uniswap price, which briefly traded above $4 and nearly 20% higher on the headline before extending gains.
Hayden Adams called the development a major step for DeFi, framing it as progress toward broader on-chain value exchange. Executives from Securitize and BlackRock described the move as a convergence of tokenized assets and decentralized markets. Traders responded by repricing UNI to reflect deeper institutional alignment.
Uniswap Price Spikes Above $4 Before Momentum Cools
On the intraday chart, Uniswap price lifted sharply from around $3.23, reaching the $4.40 area before slipping back toward $3.80. The move was abrupt and headline-driven, with volume expanding alongside price rather than building through a gradual technical setup.
RSI (14) spiked above 90 at the height of the rally, matching the local top. Momentum has since cooled, with RSI falling to 40.96 and its signal line near 47.15. That shift shows the initial thrust has faded, with the price settling back below $4.
The $4.00 to $4.40 band is now the immediate ceiling after rejecting continuation. On the downside, buyers have shown up between $3.60 and $3.80, giving the pullback some footing.
Meanwhile, JAVON MARKS continues to frame UNI within a broader breakout structure, holding a long-term target at $42.49, about 840% above current levels. From that perspective, the move above $4 fits into a larger trend setup, even if near-term momentum has cooled.
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