Key Highlights
- UNI is now available on the Solana blockchain through SunriseDeFi and Wormhole-powered token transfers.
- Solana users can hold tokens without ever bridging back to Ethereum.
- UNI traded lower over the past 24 hours despite the Solana integration announcement.
$UNI, the native governance token for Uniswap, is now available on the Solana blockchain through SunriseDeFi, signaling an expansion of Uniswap’s ecosystem.
According to the official announcement, the integration allows people to hold tokens without ever bridging back to Ethereum. It is listed on many leading Solana wallets, such as Jupiter Exchange, Phantom, Solflare, Kamino Swap, and other wallets.
$UNI shows negative momentum despite Solana integration
At the time of this writing, $UNI is trading at approximately $3.56, reflecting a loss of 1.94% in the last 24 hours, despite this positive news, according to CoinMarketCap. The token’s market capitalization stands at around $2.26 billion, with 24-hour trading volume reaching $144 million, a notable 32.73% decrease.
The price has recovered from a 24-hour low of $3.55 and touched a high of $3.68. Despite the positive momentum today, $UNI remains significantly below its all-time high of $44.97 (reached in May 2021), trading roughly 92% lower than its peak. Circulating supply is approximately 635.8 million UNI out of a total supply of 895.4 million.
It was anticipated that increased accessibility on a high-throughput chain like Solana could drive further retail and DeFi participation, potentially supporting sustained volume and price discovery, but the token went contrary to the supposition.
Gateway for solana blockchain
SunriseDeFi is a protocol built by Wormhole Labs, which operates as a gateway for the Solana blockchain. The platform ensures that tokens that were previously created on other chains are introduced to the Solana chain in order to become liquid right from their listing date.
This process is enabled through the use of wormhole technology, which allows for NTT (Native Token Transfers). Some of the tokens that have been listed on Solana with SunriseDeFi include $UNI (Uniswap), $ENA (Ethena), $AAVE, and many more.
Uniswap Foundation reveals sufficient fund till 2027
In a separate development for Uniswap, the Uniswap Foundation has confirmed in April 2026 that there is enough capital with the foundation to sustain itself until January 2027. As per its unaudited financial summary 2025 report, the foundation possesses $49.9 million in cash and stablecoins, 15.1 million UNI, and 240 ETH, which amounts to about $85.8 million in total.
The above capital gives the organization enough liquidity to pursue grants, developer programs, and routine activities without the requirement for any further capital at present.
Traders eyes on the effect of this launch
This launch sets the stage for further cooperation between the Uniswap and Solana platforms. Some of the future possibilities may be in improved liquidity pools, yields, and even customized features on Uniswap for the Solana parallel computation architecture.
As the crypto community watches which popular token will join Solana in the coming days, it is evident that the effects of this launch will depend on real adoption and use by users of Solana projects that incorporate this token.
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