UP rose roughly

↗5%

over the past week as

while trading activity increased roughly

↗10%

over the same period.

Broader market provides support

The move comes as Bitcoin pushed above approximately $80,000 for the first time in three months, providing a supportive backdrop for the broader crypto market including DeFi and Ethereum Ecosystem assets.

Price and activity rise together

Market cap increased roughly

↗4%

over the past week alongside the trading activity increase, though selling pressure remained elevated with twice as many sellers as buyers over the past 24 hours.

Ownership spread across many investors

The top 10 largest holders control only about 1% of the total supply, indicating ownership is distributed across many different investors rather than concentrated in a few hands.

Limited supply currently available

Only about one-fifth of the maximum supply is currently available for trading, with the remaining supply scheduled for future release, which could affect the price as more becomes available.