UNI's new burn mechanism just torched roughly 592,000 tokens in a week, funded entirely by real protocol fees, pushing the cumulative burn past 111 million UNI.
Uniswap also went live on Ink L2 across its web app, wallet, and API this week. UNI is up over 6% today, trading near $6.61.
This Uniswap price prediction checks that burn data and the Ink L2 news against what the chart is actually showing.
Market data was checked on September 15, 2026, based on the chart timestamped 04:34 (UTC-3).
Metric | Value |
Price | $6.6071 |
Market Cap | $4.11B (+4.19%) |
24h Volume | $574.56M (+51.8%) |
Vol/Mkt Cap (24h) | 13.98% |
FDV | $5.87B |
Total Value Locked (TVL) | $3.59B |
Market Cap/TVL | 1.14 |
Total Supply | 888.64M UNI |
Max Supply | Uncapped |
Circulating Supply | 621.33M UNI |
Source: Data from CoinMarketCap as of September 15, 2026, at 17:21 IST. Figures may vary slightly across other tracking websites.
Trader Domba.Eth reported that Uniswap's burn mechanism, powered by real protocol fees, has burned about 592,000 $UNI over the past 7 days, pushing the total cumulative past 111 million $UNI.
Source: Data From X
The post argues that rising Uniswap activity means bigger fees and more $UNI bought and permanently burned, framing that as real usage, real revenue, and real burn behind the current move, and adding that UNI is heading to $10 "sooner or later."
The figures are reported data; the $10 timeline is a speculative opinion, not confirmed.

Blockchain Daily News reported that Ink L2 has gone live across Uniswap's web app, wallet, and API, enabling swaps and liquidity provision on the new network.
Pair: UNI/USD · Market: Spot (Crypto index) · Timeframe: 1D · Timestamp: September 15, 2026, 05:34 UTC-3
UNI trades at $6.6071, up 6% on the candle, continuing its climb out of a long, multi-month rounding-bottom structure.
The chart's converging long-term trendlines extend resistance targets as far out as $15.0390.
Level Type | Price |
Resistance 5 | $15.0390 |
Resistance 4 | $12.0060 |
Resistance 3 | $10.0047 |
Resistance 2 | $8.3798 |
Resistance 1 (nearest) | $7.2675 |
Immediate Price Reference | $6.6071 |
First Confirmed Support | $5.8228 |
Deeper Support | $5.0122 |
Bull case: Clearing $7.2675 would open the path toward $8.3798 and then $10.0047, with the accelerating mechanism and the Ink L2 integration both adding to real, usage-driven demand.
Bear case: A close below $5.8228 would expose $5.0122, and losing the EMA cluster near $5.0528 to $5.9351 would put the current breakout in question, burn narrative or not.
Scenario | Trigger | Likely Outcome | Invalidation Point |
Resistance breakout | Close above $7.2675 | Push toward $8.3798 | Rejection back below $6.6071 |
Support hold | Bounce from $5.8228 | Range continues toward resistance | Close below $5.8228 |
Support breakdown | Close below $5.8228 | Slide toward $5.0122 | Reclaim of $5.8228 |
Unlike most viral crypto price targets, this one lines up closely with an actual level on the chart; $10.0047 is a real marked resistance, not an invented number.
Getting there would still require UNI to clear $7.2675 and then $8.3798 first, and the mechanism would need to keep accelerating alongside genuine protocol usage rather than a short-term spike.
It's a realistic multi-stage target, not a guaranteed one.
According to CoinGabbar analysts, The burn mechanism gives UNI a genuine, fee-driven demand story, and the Ink L2 rollout adds another usage channel. But $7.2675 still needs to break for the next leg to confirm.
The $5.8228 to $7.2675 zone is what matters most this week.
Disclaimer
This piece is for informational purposes only and isn't financial advice. The levels and scenarios above are based on technical chart analysis and publicly available data at the time of writing, and crypto markets can move sharply within hours, so past patterns don't guarantee future outcomes. It's worth doing independent research and considering your own risk tolerance before acting on any of the levels discussed here.