Uniswap’s native token, UNI, posted a sharp gain on Wednesday after the 
world’s largest asset manager, BlackRock, announced plans to bring its 
Treasury‑backed digital fund, BUIDL, onto the decentralized finance (DeFi) 
platform. The move, which also includes BlackRock’s intention to purchase UNI 
tokens, fueled a strong rally in the token during the trading session. BUIDL 
Launch On Uniswap The development was detailed in a joint press release from 
Uniswap Labs and Securitize. The two companies revealed a strategic 
integration that will allow shares of the BlackRock USD Institutional Digital 
Liquidity Fund (BUIDL) to be traded using UniswapX technology. Through the 
integration of UniswapX with Securitize’s infrastructure, investors will be 
able to access market quotes and swap BUIDL directly with whitelisted 
participants around the clock, every day of the year. Related Reading: Ripple 
Wins Key UAE Bank Partnership To Support Digital Asset Infrastructure The 
companies described the move as an important step in bridging traditional 
financial products with decentralized trading systems. Robert Mitchnick, 
BlackRock’s Global Head of Digital Assets, characterized the collaboration as 
a meaningful development in the convergence of tokenized assets and 
decentralized finance. He said integrating BUIDL into Uniswap represents 
significant progress in enabling interoperability between tokenized US dollar 
yield funds and stablecoins. UNI Outperforms Sluggish Crypto Market Following 
the announcement, Uniswap climbed to a weekly high of $4.50 earlier on 
Wednesday. However, the upward momentum eased later in the session, with the 
token pulling back to around $3.68 at the time of writing. Related Reading: 
Strategy Unfazed By Bitcoin Crash, Michael Saylor Vows Quarterly Purchases 
Even with the retracement, UNI stood out as one of the few cryptocurrencies 
recording gains during the day, as Bitcoin (BTC) and the broader digital asset 
market continued to face bearish pressure. From a technical perspective, 
Uniswap investors will need to watch the $3.14 level, which has served as 
support since Friday of last week. On the upside, the $4.70 level may act as 
short‑term resistance if renewed buying interest pushes prices higher in the 
coming days. Featured image from OpenArt, chart from TradingView.com

UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap

Ethereum price is consolidating at a critical high-volume support near $1,800, 
but fading bullish participation raises the risk of a deeper corrective move 
and potential capitulation lower.

Ethereum price risks capitulation below $1,800 as high-volume support weakens

Deel will enable its customers to pay workers in the United Kingdom and 
European Union, with a US expansion planned later.

Deel taps MoonPay to roll out stablecoin salary payouts in UK, EU

Ray Dalio, billionaire hedge fund founder, warned that central bank digital 
currencies are gaining traction among governments not just for efficiency but 
for control. The End of Financial Privacy Billionaire hedge fund titan Ray 
Dalio has signaled that central bank digital currencies (CBDCs) are gaining in 
appeal among global policymakers, predicting that many governments will […]

Billionaire Ray Dalio Believes CBDCs Are More About Control Than Efficiency

On-chain data from Glassnode has unveiled the reason why the XRP price has 
been in a persistent downtrend since 2025. Notably, the XRP price crashed from 
its high above $3 last year and has been falling ever since. While many in the 
crypto space believed XRP could eventually reclaim the $3 level, the 
cryptocurrency has continued to struggle, shedding more gains each month amid 
broader market weakness and a shift in sentiment. Why The XRP Price Has Been 
Declining Since 2025 Glassnode has attributed XRP’s prolonged price correction 
since 2025 to a shift in investor behavior driven by weakening on-chain 
profitability and rising losses among holders. According to the data, XRP fell 
below the aggregate holder cost basis, which represents the average price at 
which current investors acquired their tokens. Related Reading: XRP Price To 
$1 Or $10? Analyst Warns Investors Of Possible Crash When a cryptocurrency 
trades below this level, a large portion of holders are technically 
underwater, meaning they are holding at a loss. This condition often leads to 
panic selling as investors attempt to limit further losses, increasing selling 
pressure on the asset and reinforcing the price downtrend. A key indicator 
supporting this view is the Spent Output Profit Ratio (SOPR), measured using a 
seven-day Exponential Moving Average (EMA). The SOPR tracks whether coins 
being moved or sold on the blockchain are being done so at a profit or a loss. 
Glassnode’s chart shows that XRP’s SOPR declined from about 1.6 in July 2025 
to around 0.96 recently. Notably, a value above 1 indicates that holders are 
selling at a profit, while a value below that signals that coins are being 
sold at a loss. This sustained move below the neutral level suggests that most 
selling activity in XRP is now occurring at a loss rather than in profit- 
taking conditions. As a result, on-chain profitability for XRP holders has 
turned negative. Such an environment usually weakens investors&#8217; confidence in 
a cryptocurrency and reduces the incentive to hold it, especially among short- 
term traders. Negative profitability can also discourage new capital inflows, 
as prospective buyers see limited signs of recovery or momentum, further 
contributing to price decline or stagnation. XRP Structure Mirrors Bearish 
2022 Setup Interestingly, Glassnode noted that XRP’s current market structure 
closely resembles a period between September 2021 and May 2022. During that 
earlier phase, XRP’s SOPR also fell below 1 and remained there for a long 
time. Related Reading: XRP Bounces Hard After Capitulation — Relief Rally Or 
Another Bull Trap? The period was also marked by prolonged consolidation and 
low volatility following sharp declines, before the market eventually 
stabilized. This comparison suggests that XRP may be experiencing a similar 
structural phase in which losses dominate trading activity and recovery is 
delayed until selling pressure eases and sentiment moves back to positive 
territory. As of writing, the XRP price has declined even further, now trading 
under $1.4. CoinMarketCap data shows that the cryptocurrency has plummeted by 
more than 4.3% over the past 24 hours and by well over 46% year to date. 
Featured Image from Freepik, chart from Tradingview.com

Cryptocurrency price in DKK