Raydium's success is tied to Solana's dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.

Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.

In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!

While digital assets see a sigh of relief with Bitcoin jumping above $98,000, altcoins are swiftly rebounding. Raydium's RAY led the gainers within the past day, following a 29.24% price surge. Besides the ongoing broad market recovery, bullish ecosystem developments contributed to the alt's outperformance in the past 24 hours.

Meme coin trading was a key driver of Raydium's volume with meme coins accounting for 65% of Raydium's monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row.

A significant whale transaction caught the crypto community's attention. A whale, using the wallet address “0x972,” made a massive swap, shifting from Uniswap (UNI) tokens to DYDX, the native token of the decentralized exchange (dYdX).

Matt Kreiser, a research analyst at Messari, reported that Raydium had eclipsed Uniswap to become the top DEX by trading volume across all chains for two consecutive months. Solana's Raydium(~$125B) outperformed Uniswap (~$91B) in monthly DEX volume by almost 30%.

Uniswap's native token, UNI, has come under intense selling pressure, raising concerns about its near-term trajectory. On December 10, 2024, blockchain analytics platform Lookonchain reported a significant sell-off by Cumberland, a high-profile trading firm, which offloaded 989,520 UNI tokens worth $16.73 million across major exchanges, including Binance, Coinbase, OKX, and Robinhood.

Cumberland dumps a significant 989,520 UNI tokens, worth $16.73 million.

Digital assets appear ready for recovery after the latest flash crash, which saw billions liquidated from the crypto market in the past few sessions. Let's explore movements in large-cap altcoins for an overview of the ongoing developments amid the rotation from BTC to altcoins.

DYDX's price action over the next few days could be very interesting.

Uniswap (UNI) is one of the leading decentralized finance (DeFi) tokens that continues to attract attention for its decentralized exchange (DEX) model. With its ability to facilitate peer-to-peer cryptocurrency trading without relying on intermediaries, Uniswap has positioned itself as a major player in the crypto market.

UNI, the native token of UniSwap, appears to be struggling and is poised for further price declines as whales and institutions shift their interest. On December 10, 2024, the whale transaction tracker Lookonchain posted on X (formerly Twitter) that a high-profile trading firm, Cumberland, had dumped a significant 989,520 UNI tokens worth $16.73 million.

PEPE surpasses Uniswap in market capitalization following a meteoric rise, signaling memecoins' increasing momentum.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.

Uniswap price surged over 40% in the past week, and 400% from the 2023 lows, and this rally can be attributed to the strong bullish trend in the cryptocurrency market. With BTC hovering around $100,000, a sustained uptrend is likely.

Pepe, the frog-themed meme coin, has surpassed $11 billion in market capitalization, briefly overtaking Uniswap's token UNI, which holds a market cap of approximately $10.6 billion.

Uniswap continued its strong rally, rising for three straight weeks, and reaching its highest level in three years. Uniswap (UNI), the biggest player in the decentralized exchange industry, jumped to $18.

UNI's price action could be in for quite a ride over the next few weeks.

According to data from CoinMarketCap, Pepe has a maximum supply of roughly 420 trillion tokens, with all tokens already in circulation.

Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $24.83 in 2024. Unicoin price with a potential surge, may reach a high of $89.24 by 2030. DeFi's have come into existence with the idea of no intermediaries.

Uniswap (UNI) price has seen impressive growth, crossing the $10 billion market cap and rising 80.44% in the last 30 days. With the price currently at 67 on the Relative Strength Index (RSI), UNI is approaching overbought territory but still has room to grow before signaling an immediate correction.

Ethereum faces a $500M blow as Uniswap's shift to Unichain challenges the deflationary model.

Uniswap exchange inflows reached a one-week high of 1.54M UNI on the 4th of December.

TL;DR Uniswap will migrate to its own blockchain, Unichain, which could result in annual losses of between $400 and $500 million for Ethereum validators. The migration will reduce the ETH burn mechanism, which has destroyed around $1.6 billion in ETH, affecting Ethereum's deflationary model.

Uniswap's move to Unichain could cost Ethereum validators $400-$500M in lost annual revenue.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

Uniswap (UNI) Labs partners with Fireblocks to enable financial firms to tap into DeFi through Uniswap's Trading API, offering deep liquidity and competitive pricing.

TL;DR Fireblocks has launched new features for its DeFi suite, including Swaps and Token Allowance Manager, enhancing security and simplifying access to applications. Tokens can now be swapped directly from the platform's console, eliminating the need for external accounts and reducing operational risks.

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Aside from privacy concerns, complexity and poor user interface remain the biggest barriers to entry for institutions entering Web3.

Vitalik Buterin has issued a compelling call to action for the crypto community. In a detailed 4,000-word blog post, the Ethereum co-founder laid out his vision for future Ethereum wallets.

A whale has made a remarkable $544,000 profit on their $UNI investment, demonstrating the benefits of a long-term strategic approach in the volatile cryptocurrency market. This success story centers on a calculated decision made two years ago, when a wallet—identified by the address 0x307—purchased 78.5K Uniswap (UNI) tokens for $476,000.

The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.

Uniswap (UNI) has reached a significant milestone, surpassing $38 billion in monthly volume across Ethereum Layer-2 networks like Base, Arbitrum, Polygon, and Optimism. This surge in trading activity has contributed to a positive sentiment in the market, with UNI currently testing the crucial $13 resistance level.

Uniswap (UNI) is gaining impressive momentum, reigniting hopes for a continued bullish run. As the token powers up, its next target could be the $16.9 mark, a critical level that could set the stage for even greater gains.

The trading platform is user-friendly, has deep liquidity, and could set the benchmark for decentralized exchanges.

Uniswap's positive on-chain metrics and price action suggested a potential breakout above $13.

Litecoin was finally wrapped as an ERC-20 token on Ethereum. Initially, the WLTC/WETH pool on Uniswap V3 started with extremely low liquidity.

UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. It aggregates both on-chain and off-chain liquidity, internalizes miner extractable value (MEV) through price improvement, offers gas-free swaps, and can be extended to support cross-chain trading.

Uniswap's performance was outstanding in November, recording a $38 billion monthly trading volume.

Ethereum's DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump's election victory. The total value locked (TVL) in Ethereum's DeFi ecosystem has surged past $80 billion, marking its highest level in over two years.

More than 15 million dollars up for grabs for those who discover vulnerabilities in the new version of the famous DEX.

Arbitrum led Uniswap's $38 billion Layer 2 trading spree, followed closely by Base.

TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.

Story Highlights The UNI price soared over 47% in the last seven days. The TVL has spiked by 30% this week, highlighting increased adoption. Intensified bullish action could push the price toward the $18 mark. The UNI price has recorded a strong bullish recovery by reclaiming its multi-month high.