Uniswap (UNI) has seen a 5.2% increase in value, trading at $7.81, driven by an ambitious governance proposal that has attracted institutional interest. The proposal, referred to as ‘UNIfication,’ aims to enhance the governance structure of the protocol. This initiative has led to record trading volumes, indicating a rise in adoption among users. The growing institutional interest reflects a positive outlook for Uniswap’s future, as the governance changes are expected to bolster fee revenue. As the market responds to these developments, the overall sentiment around UNI remains optimistic.
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