Uniswap, a decentralized exchange (DEX), has assured its many users that it plans to introduce its V4 upgrade this year.
In a post on X, Uniswap Labs updated the community using a neatly designed 2025 stamp with the text “v4 coming soon.”
Users expect Uniswap V4 evolution
Namely, the Uniswap V4 version will debut in the third quarter of 2023. This latest version has experienced delays, hence the reassurance.
Despite the latest announcement, the decentralized exchange did not mention any specific release date.
The community has been anticipating the launch of V4 since June 2023, when Hayden Adams, founder of Uniswap, teased the idea.
Afterward, Adams invited the community’s input through open feedback. Although he mentioned that the development of the V4 would take months, many had no idea that the wait would be this long.
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Despite indications that the upgrade could launch in the third quarter of 2024 after the Ethereum Dencun upgrade, the team was unable to meet its timeline.
This version remained in the testing phase throughout 2024. Technical experts predict that the release of v4 is likely to happen when the DEX sees an increase in trading activity.
The V3 update from Uniswap launched in May 2021. Uniswap V3 launched improvements such as consolidated liquidity.
The initiative allows liquidity providers to allocate funds within specific price ranges. The community is eagerly awaiting V4 as it will announce revolutionary features.
A key improvement expected with v4 is “Hooks”, which allow developers to execute custom code before and after replacements.
Future upgrades will support features such as fee management, limit orders, custom prophecies, and automated liquidity management.
Uniswap V4 will also introduce gas savings, flash accounting, dynamic fees, native ETH support and more pool types.
UNI price growth and market prospects
An update from Uniswap Labs seems to have triggered positive sentiment for UNI, the native DEX token.
As of this writing, UNI has risen 8.39% to trade at $14.42. Trading volume also saw a significant increase of 59.24% to $414.48 million.
This surge lifted the token from the $13 price level, pushing it above the $14 price resistance level that it had been facing for the past two weeks.
The current price rally has fueled investors’ hopes that UNI could soon retest the $18.64 level. UNI price achieved this feat in the first week of December 2024.
Analysts give bold projections for Uniswap
Meanwhile, analysts say UNI is in a growth cycle and the token has shown growth potential amid the growth of DeFi and Layer-2 adoption.
Uniswap has recently attracted significant attention among investors despite market volatility and other factors in the ecosystem.
The token, however, remains interesting to forecasters who predict that UNI has the potential to hit a new ATH.
UNI’s ATH was set at $43.08 in May 2021. However, current projections show that the token will change this level, with bold predictions set at $100 in the upcoming altcoin cycle.
Uniswap has positive sentiments that support such projections, as the token grew in trading volume by $38 billion in November 2024.
The increase was due to increased efficiency and speed within the decentralized trading ecosystem.
With the upgrade, Uniswap could attract more users which could encourage further price growth.
