- Uniswap price eyes gains above $5.20 after bouncing off lows of $4.87.
- Gains come as the Uniswap community prepares to vote on a key governance proposal.
- The vote could see 100 million UNI burned in the coming days.
Uniswap’s governance token has witnessed a slight price surge as traders position ahead of a potential network burn of 100 million UNI tokens.
This move, tied to the recently proposed “Unification” governance vote, seems to have sparked optimism among investors, with UNI seeing a notable spike in trading volume over the past 24 hours.
The gains for Uniswap come after a recent slump and amid broader market weakness that has altcoins mirroring Bitcoin’s struggles.
Uniswap price eyes gains above $5.20
At the time of writing on Thursday, December 18, 2025, Uniswap’s price hovered around $5.24.
Intraday gains stood at nearly 4% as bulls looked to bounce off lows of $4.87.
This uptick comes on the heels of a recent sell-off below $5.40, which came amid Ethereum co-founder Vitalik Buterin’s selling of 1,400 UNI tokens.
Initial pressure on the token’s value pushed it to $4.99.
Bulls bounced to $5.30 as Bitcoin showed a sharp uptick earlier in the week.
UNI price chart by CoinMarketCap
However, the market appears to have shrugged off this uptick as selling pressure resumed and prices plunged to under $4.90.
Now UNI is eyeing a potential bounce as buying interest resurfaces.
The token’s ability to recover and eye gains above the $5.20 support level will likely strengthen as the community weighs a new governance vote on fees and the potential token burn.
Uniswap poised for 100 million UNI burn
As noted, one potential catalyst for UNI’s price gains lies in the “Unification” proposal.
Hayden Adams, Uniswap founder, submitted a governance proposal for voting on December 18, 2025.
As detailed in his X post, the voting period is scheduled to commence on December 19 at 10:30 PM EST and will conclude on December 25, allowing the Uniswap community to decide the protocol’s future.
If the proposal garners the required votes in favour, it will pass. There’s a two-day time lock period before Uniswap executes its token burn.
Specifically, the proposal looks at the removal of 100 million UNI out of circulation. The key is the flipping of the fee switches for v2 and v3 pools on the mainnet.
“v2 + v3 fee switches will flip on mainnet and begin burning UNI, along with Unichain fees,” Hayden noted.
As the community prepares to vote, the outcome of this proposal could mark a pivotal moment for the Uniswap price.
The token traded at highs of $7.70 in mid-November.
