Uniswap (UNI) is attracting whale accumulation despite the broader cryptocurrency market decline. According to Lookonchain, one whale purchased 1.29 million UNI, worth approximately $9.6 million, over three days.
The buying activity comes as the UNI price trades near $7.40 following a reported breakout from a long-term descending triangle. This combination of large-holder accumulation and improving technical momentum has put UNI in focus, with traders monitoring whether the token can hold $7.00 and extend its recovery toward higher resistance levels.
Whale Accumulation Reaches 1.29 Million UNI
According to Lookonchain, whale address 0x1389 purchased another 600,005 UNI worth approximately $4.28 million despite the market downturn. The latest transaction brings the wallet’s total purchases over three days to 1.29 million UNI, valued at approximately $9.6 million.
The accumulation stands out because it occurred during a period of market weakness. While some traders reduce exposure during uncertain conditions, this wallet has continued increasing its UNI holdings.
Source: Lookonchain’s X Post
However, the purchases do not confirm the investor’s intentions or guarantee further price appreciation. Activity from one wallet also does not necessarily represent broader institutional demand. Nevertheless, the reported accumulation provides additional context as UNI attempts to sustain its technical breakout.
Also Read: UNI Price Eyes Next Leg Higher as Uniswap Dominates Tokenized Stock Trading
UNI Price Breakout Puts $7.00 Support in Focus
Crypto analyst Crypto With Gopal reported that UNI had broken above a long-term descending triangle on the daily chart after months of consolidation. The breakout suggests a potential shift in momentum toward buyers, although continued price strength is necessary to support that interpretation.
UNI was trading near $7.40 at the time of the analyst’s assessment, placing the $7.00 level at the center of the immediate outlook. Holding above this area could help establish the breakout zone as support and provide a foundation for further gains.
Source: Crypto With Gopal’s X Post
According to the analyst, $10 to $14 may become possible targets if positive momentum continues. However, UNI must first break through resistance levels before approaching those figures.
A drop below $7.00 may weaken the breakout formation and result in the probability of consolidation repeating. It is also important to consider trading volumes in case of a retracement to the mentioned levels.
Whale Buying Adds Context to UNI’s Recovery
These two occurrences are important for traders to track. But some extra information on the market would aid in the assessment of UNI’s recovery as to the level of its wider support.
Market volume might suggest if there is more market participation in the price advance, whereas the open interest and funding rate on derivatives might reveal any speculation in the process. Flow information on the exchange could be helpful as well.
Whale’s buys don’t prove the presence of an increase in trading volume on Uniswap, the revenue that the protocol earns, or the demand from users. They have to be independently checked to build a bullish case.
For the time being, however, the accumulation builds the interest around the price behavior of UNI, while the demand is still necessary for a recovery scenario.
$10 Target Depends on Breakout Confirmation
Crypto Analyst With Gopal’s forecast sees $10 as the first upside target for the token, with the potential to break out to $14 provided UNI continues to hold its ground. The development will depend on buyers holding their ground at $7.00 and stopping UNI from going back to its old range.
A breakout into positive territory, reinforced by higher spot market activity, will support the bullish sentiment. On the other hand, a lack of support will weaken the technical position and postpone any advance.
What Comes Next?
UNI’s next action would also depend on prevailing circumstances within the cryptocurrency market. This would involve checking whether the coin remains above $7.00, if accumulation by whales is still ongoing, and whether buying comes to support the breakout.
The range of $10–$14 is currently a technical view contingent upon certain conditions, not necessarily a guarantee. Holding above $7.00 is the first condition that needs to be fulfilled before UNI can recover.
Also Read: Uniswap Leads DEXs in Tokenized Stock Volume as UNI Price Outlook Improves
Avalanche is recording stronger stablecoin payment activity as Axiym’s payment volume on the network grew 4.4x over the past year. Axiym processed a record $529 million in Q3, bringing its lifetime payments on Avalanche above $2 billion.
Meanwhile, network revenue reached $97,348 over seven days, according to Chainspect. These developments highlight growing network activity as the AVAX price trades near $10.31, with traders watching whether the token can break above key resistance and confirm a potential bullish reversal.
Axiym Records $529M in Quarterly Stablecoin Payments
According to Avalanche, Axiym’s stablecoin payment volume increased 4.4x over the past year. The payment provider recorded $529 million in Q3 volume, while cumulative payments on Avalanche exceeded $2 billion.
Source: Avalanche’s X Post
The figures highlight Avalanche’s growing role in business-oriented payment infrastructure. Stablecoins enable businesses to transfer dollar-linked value through blockchain networks, supporting payment settlement and other financial operations.
Axiym’s activity provides a measurable example of stablecoin payment usage on Avalanche. However, payment volume alone does not establish how much revenue the network captures or whether the growth will continue at the same pace.
Also Read: AVAX One Cuts $14.9M Debt to $970K, Buys 333,500 Shares
Avalanche Network Revenue Breaks Above $95K
Network revenue provides another indicator of Avalanche’s recent activity. According to Chainspect, the network generated $97,348 over seven days, crossing the $95,000 weekly threshold for the first time.
Source: Chainspect’s X Post
At the reported pace, weekly revenue would translate to approximately $5 million annually. This remains an annualized estimate rather than a guaranteed forecast, as transaction activity and fee generation can fluctuate.
Together, the payment statistics provided by Axiym and the revenues of Avalanche provide two ways to gauge network usage. The first one represents usage from a particular payment processor, whereas the second one shows revenue from the network.
However, increased adoption does not necessarily mean an instant increase in the price of AVAX. There are other factors that could affect AVAX price movement.
AVAX Double-Bottom Pattern Puts $11 in Focus
Based on the technical outlook provided by the crypto analyst Crypto With Gopal, the price of AVAX is at around $10.31. In the four-hour chart, the crypto analyst saw a possible double bottom pattern with sellers holding the $9.70-$9.90 support range.
A double bottom will indicate that there is a potential bullish reversal pattern at play whenever the price retraces to a similar lower level two times and then rises above the intervening resistance level.
For AVAX, the critical level to breach is $11.00. This will increase the chances of success for the setup, bringing the target of $12.50 to attention. On the other hand, a breakdown below the $9.70-$9.90 level will decrease the likelihood of this bullish setup.
Crypto With Gopal Identifies $12.50 Upside Target
Crypto With Gopal noted the double bottom pattern and noted that $11.00 is where buyers must take back control for the possibility of an advance towards $12.50.
Source: Crypto With Gopal’s X Post
The outlook is still contingent. Buyers will need to develop momentum above the resistance level, but it will be helpful for the structure under development if they defend support. The target is an analyst’s projection, not a certain one.
What Happens Next for the AVAX Price?
The coming milestone for Avalanche would be whether the stablecoin payments continue growing and whether the network revenue stays high. Additional information on what Axiym is doing would help confirm whether the payments are consistent.
The key points for the AVAX price are the $11.00 resistance level and the $9.70-$9.90 support range. Any breakout is expected to be positive for the case for recovery, whereas any breakdown should prove the opposite.
The positive growth in Avalanche payments is a good sign regarding adoption. However, it will still be important to see if the network activity is rising along with the technical confirmation of AVAX clearing the resistance range.
Also Read: AVAX Price: 2026 Nod From O’Leary Backs Enterprise Use
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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