Uniswap daily active addresses hit one-year high at 14,591

Uniswap’s daily active addresses rose to 14,591, the highest level in the past year, CryptoPotato reported. According to Santiment, 13,137 new UNI addresses were added, marking the largest increase since September 2020. Uniswap recently introduced VolatilePair Hook, which adjusts trading fees based on market conditions, and Aggregator Hooks, which can tap liquidity from external exchanges. With UNI trading around $7.1, Santiment identified $7 as a key support level and $7.5 as the next price range to watch. Santiment added that UNI could climb to $8 if it holds above $7 and network activity remains elevated, while a drop below $7 and weaker user activity could undermine the recovery.