Uniswap ($UNI) has experienced a significant 38% price surge, breaking above a multi-year descending trendline. This technical breakout suggests a potential shift from bearish to bullish momentum, with analyst Javon Marks projecting a breakout target of $42.49 based on long-term accumulation patterns. The price increase was further fueled by Uniswap CEO Hayden Adams' introduction of the protocol's first governance proposal to activate protocol fees. This development has reinforced bullish sentiment, as the market anticipates further validation at key resistance levels.