According to BlockBeats, on March 6th, UNI's price surged past $14, reaching $14.689, a 12.35% increase in the past 24 hours. This marks a new high for the cryptocurrency since February 2022.
UNI, the native token of the Uniswap decentralized exchange, has experienced significant growth in recent months, with its price steadily climbing. The recent surge in price can be attributed to various factors, including increased adoption of decentralized finance (DeFi) platforms and the overall growth of the cryptocurrency market.
As the DeFi sector continues to expand, UNI's price is expected to maintain its upward trajectory, reflecting the growing demand for decentralized exchange services and the increasing popularity of the Uniswap platform.