coinjournal.net
- 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.
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.