In the last 24 hours, Solv Protocol, a leading Bitcoin staking platform, with a 24-hour protocol fee of $1.48m, has emerged as the sixth largest among the protocols. Interestingly, Solana, with $1.24m in fees, and Uniswap, with $1.15m in fees, have been pushed down to eighth and ninth positions, respectively.
UNI traders must be wary. And, there's good reason for it too!
On Friday, Uniswap's price saw a 1.7% rebound, reaching $6.67. This bullish shift comes after a broader market cooldown following the recent sell-off triggered by geopolitical tensions in the Middle East.
The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.
Uniswap exchange inflows reached 893,000, nearly double the inflows recorded the previous day.
UNI is making a strong comeback as bullish momentum pushes the token toward the critical $8.7 resistance level. After bouncing back from a recent low of $6.7, market enthusiasm is building, and traders are watching closely for a potential breakout.
Uniswap [UNI], one of the most prominent decentralized exchanges (DEXs) in the crypto space, recently experienced a sharp decline in its large transaction volume, plunging by 64%. This decline in high-volume trades has raised concerns among investors, as large transactions typically indicate the movement of capital by institutional players or whales.
Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher.
Fenbushi Capital took losses on some of its holdings, divesting former DeFi stars like COMP, AAVE and UNI. Fenbushi also sold its EIGEN allocation.
Uniswap remains the leading decentralized exchange by volume over the past seven days, posting a total volume of $8.1 billion.
Uniswap faces a transaction drop, but bullish signs emerge
Uniswap Labs is starting to accrue new reserves from its fee schedule based on selected liquidity pairs. In six months, the fees accrued more than $51M in new reserves for protocol development.
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Though September started rough for stock and cryptocurrency investors, the latter parts of the month provided a strong prelude to October, or, as many within the community call the month, ‘Uptober.'
Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $10.47 in 2024. Unicoin price, with a potential surge, may reach a high of $44.49 by 2030. DeFi's have come into existence with the idea of no intermediaries.
Uniswap's UNI has grown in favor of investors as the token continues its upward trajectory in the face of crucial on-chain developments. According to CoinGecko, the token surged 30% since last month, keeping the token on the green zone.
How will Q4 turn out for UNI, especially after Grayscale's latest bet?
Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.
Uniswap is growing its presence on L2, but raising doubts about the quality of liquidity and token pools. Arbitrum remains the more liquid chain, while Base carries multiple listings of low-liquidity pairs.
Baguio City, Philippines, 24th September 2024, Chainwire
The leading commission-free stocks and crypto trading platform, Robinhood has revealed the addition of three new crypto for the New York users, fueling market interest. In a recent announcement, the crypto trading platform said that it will be adding Uniswap (UNI), Stellar (XLM), and Tezos (XTZ), reflecting its growing focus on the digital assets space.
Commission-free investing app Robinhood has announced that Tezos (XTZ), Stellar (XLM), and Uniswap (UNI) can now be traded by New York residents.
Uniswap (CRYPTO: UNI) CEO Hayden Adams has expressed optimism over U.S. Vice President Kamala Harris‘ comments supporting digital assets, highlighting the growing recognition of decentralized finance (DeFi) by political leaders. What Happened: However, Adams' positive reception of Harris' remarks was met with skepticism and criticism from industry insiders, who raised concerns over regulatory threats and Uniswap's governance structure.
Kaspa's price has shown resilience, with analysts identifying key levels that could determine its next move. Meanwhile, Uniswap news includes CEO Hayden Adams addressing bribery allegations, reinforcing the platform's commitment to transparency.
With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
All but two assets were trading lower as the index dropped 1.6%
As Bitcoin bulls reemerged to push the flagship digital asset above $61k for the first time in nearly three weeks, a few altcoins basking in upbeat sentiment rocked significant gains. In the top 100 coins by market cap, Immutable (IMX), Celestia (TIA), and Bittensor (TAO) jumped more than 14% each to lead.
Uniswap (UNI) price appears to be on the cusp of a rebound, with early signs of bullish activity emerging. Recently, the cryptocurrency has faced a downward trend.
The Cross-Chain Liquidity Operator (CCLO) is like a magic bridge that helps Uniswap work better across different blockchain networks. Here's what you need to know about this development for Uniswap and Chainlink.
Uniswap ended its four-year unlocking schedule, while aiming for better UNI utility and the potential to share its significant fees. UNI tokens have been pressured by selling in the past years, but remain bullish for a revival of DeFi and DEX activity.
UNI fully unlocked! But only 25% are in circulation as big holders like a16z wait for a breakout.
Despite full unlocking, only 25.83% of UNI tokens are actively circulating in the market. UNI is trading at $6.47 by 1.945 increase, with a market cap of $3 billion.
A leading decentralized exchange built on the Ethereum blockchain, Uniswap is facing allegations that it accepts bribes to allow protocols on its platform. Hayden Adams, the CEO of Uniswap Labs, has addressed these claims, aiming to clarify the situation and reinforce the platform's commitment to a fair and transparent process.
The crypto market resumes its bounce as sentiment turns bullish ahead of an anticipated rate cut. Kaspa (KAS), one of the week's top altcoin gainers, soared past $0.16 and has been tipped for a rally past $1. As one of the most bullish altcoins, it is a promising wave to take advantage of.
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote.
Uniswap (UNI) price has recently experienced a surge, reflecting a bullish market trend. The cryptocurrency trades above a crucial support level, indicating a strong momentum shift.
Uniswap (UNI) investors are always on the lookout for the next big opportunity. Recently, many of these investors have turned their attention to the upcoming Mpeppe (MPEPE) gambling ICO, which is being touted as a project with massive growth potential.
Uniswap (UNI) is on the verge of a potential breakout as it trades within an ascending triangle pattern. This technical formation suggests that UNI could be gearing up for a significant price increase.
Uniswap Protocol CEO Hayden Adams challenged allegations that the decentralized cryptocurrency exchange takes bribes to allow deployments on its platform.
A recent controversy surrounding Uniswap's deployment costs erupted on Twitter, where allegations were made against Uniswap's financial dealings with Layer 2 (L2) platforms.
The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
The DEX sector is thriving, as trading volumes hit $140 billion last month, highlighting the appetite for decentralized trading solutions.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.
As of September 2024, Uniswap's price stands at $6.53, with a market capitalization of approximately $3.92 billion. The circulating supply of UNI tokens is around 600 million, and its 24-hour trading volume is $100.11 million.
Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.
The Uniswap (UNI) community is buzzing with excitement as Mpeppe (MPEPE) prepares for its highly anticipated launch on the decentralized exchange. With the growing momentum behind Mpeppe (MPEPE), many investors are eager to see how the coin will perform once it becomes available on Uniswap (UNI).