UNI price falls below $7 as new wallet count hits 6-year high

Uniswap (UNI) trades at $6.98 after slipping below $7, while daily new addresses surged to 13,137 — the most since September 2020. Santiment linked the spike to recent upgrades including Aggregator Hooks launched on October 22. Analysts warn the increase may include exchange transfers and wallet reshuffles rather than genuine holder growth, and that holding above $7 is needed for UNI to target $8.