October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.
The dramatic increase in trading volume indicates potential for sustained price growth and investor engagement.
Raydium (RAY) is on a tear. Despite the usual volatility across all crypto assets, including blue-chip meme coins like Dogecoin and Pepe, the token is up 215% this year.
What's Raydium news today and what's causing this RAY price performance? Find out in this article!
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Raydium recorded a strong rally over the past month, putting it in the overbought zone. But its funding rate shows the possibility of a further hike.
Here is how some of your favorite assets concluded the week.
Story Highlights The live price of the Raydium crypto is . RAY price could reach a high of $5.82 in 2024. Raydium coin price may reach a high of $27.36 by 2030. Built on the Solana chain for the Serum DEX, Raydium is an AMM and a liquidity provider.
Uniswap announced in-app bridging capabilities this week, which traders and investors are clearly cheering.
RAY reaps the benefit of impressive demand and utility within the Raydium DEX. TVL and volume soar to noteworthy levels.
The recent price action of Solana-based Raydium (RAY) has caught investor attention, as the decentralized exchange (DEX) token has maintained an uptrend, achieving a seven-month high.
Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.
In a notable development on October 21, Solana-based DEX Raydium achieved higher daily fee revenue than the Ethereum network.
Uniswap takes a step to revolutionize cross-chain trading for users.
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Uniswap's technical and on-chain signals indicate a potential bullish breakout as momentum builds.
Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.
The bridging function of Uniswap makes cross-chain transactions faster and more secure.
According to Uniswap, the decentralized crypto exchange has rolled out the long-awaited permissionless cross-chain bridging. The feature will launch across nine networks, which will be able to interact directly through the Uniswap Wallet and the Uniswap Interface.
Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks directly through the Uniswap interface and wallet. This new feature aims to streamline cross-chain transfers, removing the need for third-party bridges.
Building on the momentum of the recently launched Unichain, decentralized exchange Uniswap has launched a permissionless bridging service. The new product aims to boost interoperability, allowing the DEX's users to connect to nine chains. Uniswap's permissionless bridging live on nine chains The DEX revealed that permissionless bridging via the Uniswap wallet and interface is live.
Decentralized exchange (DEX) Uniswap (UNI) is launching a new bridge that will allow users to access other blockchains outside of Ethereum (ETH).
Uniswap (UNI) introduces permissionless bridging, allowing users to bridge assets across nine networks directly from the Uniswap Interface and Wallet.
TL;DR Uniswap Labs has launched a new permissionless bridging functionality, available on nine blockchain networks, to facilitate asset transfers. The update, powered by the Across protocol, allows users to move assets between Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync.
Decentralized exchange Uniswap has launched in-app, permissionless cross-chain bridging for its users, with service available across nine blockchain networks. On Oct.
Decentralized Exchange (DEX) Uniswap has announced the launch of a permissionless chain bridge. This offering is one of the latest products from the protocol to help drive the growing interoperability agenda.
Initially, bridging is possible with Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync.
The new bridging solution will eliminate risk from the user's end and make cross-chain swaps more friendly.
Raydium briefly outpaced Ethereum in daily fees, with its trading volume and TVL also seeing significant growth.
EURC is a stablecoin that is tied to the Euro, which means it is designed to keep its value stable, just like the Euro itself. This is important because it helps protect against the wild swings in price that other cryptocurrencies often experience.
Uniswap (UNI) price has recently undergone a minor market correction after a week of impressive bullish momentum. Following a notable price surge over the past week, the token's growth has slowed slightly.
Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Uniswap (UNI) trading volume has increased by 150% within the last 24 hours, surpassing $400 million for the first time in almost 10 days. This development happened after the South Korean exchange Upbit listed new trading pairs for the altcoin.
Uniswap (UNI) nears a breakout as technical indicators and market sentiment align for gains.
Raydium, the largest decentralized exchange on the Solana blockchain, is firing on all cylinders as its token and volume rise. Raydium (RAY) token rose for six consecutive days, reaching its highest point since July 21.
The rise of Ethereum's DeFi space has significantly helped Uniswap (UNI) to grow to a leading decentralized exchange (DEX) in the recent past.
Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.
Uniswap has surpassed 2 trillion dollars in volume processed on the Ethereum blockchain.
Uniswap and Aptos have defied today's trend.
Uniswap (UNI) now supports World Chain, allowing users to swap and provide liquidity on its Layer 2 blockchain, enhancing low-cost and fast onchain experiences.
DEXs are doing well again and as expected, Uniswap is leading the way.
Uniswap (UNI) price has experienced a slight market correction after a week of bullish momentum. Following a strong surge in price over the past week, the token has cooled off.
Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets.
Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend.
The foundation received a donation of 432 trillion ELON tokens from Vitalik Buterin. They have added 83 trillion tokens to Uniswap's liquidity pool.