Uniswap's UNI token has surged 18% over the past week, trading near $4.02 after a 10% gain in the last 24 hours. This rally comes as market participants position ahead of a crucial governance vote that could significantly impact the protocol's revenue. The proposal aims to expand automated fee burns across eight Layer 2 networks, potentially boosting annual revenue to $61 million from $34 million. The governance discussions focus on extending the protocol fee switch mechanism, initially introduced during the 2025 UNIfication rollout. This would automate fee collection and bridge proceeds back to Ethereum mainnet to buy and burn UNI, linking trading activity directly to token supply reduction. Technical indicators suggest a firm base between $3.70 and $3.80, with potential for a move toward the $4.55 to $4.60 resistance zone if UNI sustains a break above $4.20.