Uniswap News Today: Uniswap's UNIfication Proposal Pits Liquidity Rewards Against Protocol Stability in High-Stakes Test

Uniswap's native token UNI has experienced significant volatility in recent weeks, with the price retracing about 20% from its daily high to trade at $8.246 as of November 11, 2025. The turbulence follows a major institutional deposit of 1.19 million UNI tokens into Binance, valued at $10.54 million, which resulted in an unrealized loss of $914,000 due to market fluctuations. The whale, which accumulated these tokens between February and October 2025 via Binance and Flowdesk at a cost of $11.45 million, has highlighted ongoing institutional engagement with the protocol and liquidity dynamics between centralized exchanges and on-chain activity Uniswap UNI Whale Deposits 1.19 Million UNI into Binance, Realizes $914k Loss After Accumulating $11.45 Million in 2025An entity deposited 1.19 million UNI to Binance, resulting in a loss of $914,000..

The broader UNI price action has been shaped by Uniswap's landmark "UNIfication" proposal, which aims to activate a fee switch mechanism to redirect trading fees toward token holders and protocol growth. The plan, jointly submitted by Uniswap Labs and the Uniswap Foundation, includes burning 100 million UNI tokens from the treasury-worth approximately $800 million at current prices-and restructuring governance to consolidate development and ecosystem funding under a single entity. If approved, the proposal could reduce UNI's supply, align incentives across the ecosystem, and mark the protocol's most significant structural shift since its 2018 launch Uniswap’s UNIfication Proposal Sends UNI Token Price to $10Uniswap’s Fee Switch Proposal Sparks 48% UNI Price Surge.

The proposal has already driven a 48% surge in UNI's price, pushing it from $7.00 to over $10.30 in early November. Analysts attribute the rally to growing optimism around Uniswap's transition from a passive governance token to one with economic value, as well as the potential for annualized protocol revenue exceeding $2.75 billion. However, risks remain, including reduced liquidity provider incentives and regulatory uncertainty, as the SEC's prior scrutiny of Uniswap under Gary Gensler's leadership lingers Uniswap’s Fee Switch Proposal Sparks 48% UNI Price Surge.

Meanwhile, broader market conditions have also influenced UNI's trajectory. The cryptocurrency sector has benefited from a resolution to the U.S. government shutdown, with lawmakers passing a deal to fund operations through January 2026. This development has buoyed risk-on sentiment, with Bitcoin (BTC) surging past $106,000 and Ethereum (ETH) reclaiming $3,600. UNI, however, has underperformed some peers, trading at a 24-hour volume of $2.96 billion and a market cap of $5.52 billion Crypto Price Analysis 11-10: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CARDANO: ADA, UNISWAP: UNI.

Looking ahead, Uniswap's governance community must approve the UNIfication proposal by late November, with a 22-day voting period expected to conclude by mid-December. If successful, the reforms could redefine DeFi economics by creating a self-sustaining model for token value accrual. The outcome will also test whether market participants are willing to trade short-term liquidity provider rewards for long-term protocol stability Uniswap’s UNIfication Proposal Sends UNI Token Price to $10.

In parallel, Binance has added another layer of crypto market activity with the launch of the Allora (ALLO) AI coin airdrop. The 58th project in Binance's HODLer Airdrops program, ALLO will be listed on November 11 against USDT, USDC, BNB, and TRY pairs. Users who held BNB in Simple Earn or On-Chain Yields products between October 23–25 are eligible for retroactive distributions, with 1.5% of ALLO's maximum supply allocated to the airdrop Binance Surprises with New Airdrop of Allora (ALLO) AI CoinBinance HODLer Airdrop Goes Live for Allora (ALLO)ALLO Tokenomics: Initial Circulating Supply Ratio is 20.005%.