Thoughts on UNI's Q3 performance and a potential move

Watching $UNI closely here. The market cap seems to be holding up relatively well given the broader crypto market's recent sideways action. The upcoming Q3 reports, particularly around trading volumes on Uniswap v3, are going to be key. I'm leaning towards a scenario where we see a positive surprise, maybe a slight beat on volume projections, which could provide some upward momentum.

My rough probability for $UNI hitting $15 by end of October is around 60%. This isn't based on any single catalyst but rather a confluence of sustained DeFi activity, potential for more institutional adoption news trickling in, and perhaps a broader market push from renewed Bitcoin strength. If we get strong Q3 numbers coupled with a general risk-on sentiment returning to digital assets, that level looks achievable. Conversely, a weak report or a significant move lower in $BTC would naturally invalidate that outlook quickly. It's a riskier play, but the underlying protocol fundamentals remain robust.