Uniswap Price Could Surge 440% If It Reclaims Top 10 Spot

As the crypto market begins to show signs of recovery in mid-2025, traders are once again looking at established DeFi tokens that have real usage and long-term potential. While meme coins and AI tokens have been trending, many are now asking whether top decentralized finance platforms can return to the spotlight.

One token that’s getting attention again is Uniswap (UNI). It is even among the top 3 gainers in the market today. Despite powering one of the largest decentralized exchanges in the world, UNI has fallen out of the top 10 cryptocurrencies by market cap. That brings up a key question: What would UNI price be worth if it reclaimed a spot in the top 10?

Uniswap is a decentralized exchange, or DEX, that lets you trade crypto without going through a middleman. It runs on Ethereum and uses smart contracts to handle swaps between users. You just connect your wallet, pick the tokens you want to trade, and the platform takes care of the rest. It’s simple, direct, and that’s why it’s become one of the most popular platforms in DeFi. Its token, UNI, was launched in 2020. UNI gives holders the ability to vote on changes to the platform, like how fees are handled, how new tokens are added, or what upgrades should come next. This includes decisions like fee structure changes, token distributions, and upgrades to the exchange.

Over the years, Uniswap has introduced several versions of its protocol, adding new features like concentrated liquidity and multi-chain support. It has handled billions in trading volume and remains one of the go-to DEXs for crypto users looking for a trustless way to swap tokens. Despite its real-world use, UNI market position has slipped in recent years, raising questions about its future value.

To estimate how high Uniswap could go, let’s compare it to the current #10 cryptocurrency by market cap: Cardano (ADA). As of now, Cardano has a market cap of about $20.28 billion. If Uniswap were to reach that same market cap, while keeping its current circulating supply, the price of UNI would rise sharply. Here’s the quick breakdown: Uniswap market cap today: $4.57 billion, UNI price today: $7.27, Cardano market cap: $20.28 billion. If UNI reaches a $20.28 billion market cap, its price would increase to around $32. That would be about 4.4 times higher than where UNI is trading now.

Climbing into the top 10 wouldn’t be easy. UNI would need: a strong comeback for the DeFi sector, higher trading volumes on Uniswap, fresh upgrades or features to stay competitive, and more attention from both retail and institutional investors. UNI would also have to pass other major tokens in market cap, including those tied to newer trends like AI, real-world assets, and alternative Layer 1 networks. However, Uniswap is still one of the most active decentralized platforms in crypto. It was a big part of the last DeFi boom and keeps improving with every new update. If DeFi sees another surge in activity, UNI could see renewed demand. A return to $32 would put UNI price near its all-time high from 2021, during the last big DeFi boom. Whether it gets there again will depend on how the next market cycle unfolds, but the potential is there.