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.

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.

Uniswap (UNI) is holding steady above the $17 mark, following a successful break above this level. With the bulls maintaining their grip on this critical support level, speculation is rising about whether this could be the calm before a bullish storm.

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.

Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.

Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.

TL;DR dYdX price rises 24% after David Sacks is appointed as AI and crypto “Czar” at the White House. Trading volume increases by 270%, reaching $453 million, and its market capitalization rises to $1.5 billion. Craft Ventures' investment in dYdX and Sacks' appointment as “Czar” generate strong bullish sentiment, with net investment flows surpassing $2.

Today, Bitcoin's price experienced a significant drop from its $100K level, while the altcoin market remained strong. Among the standout performers, the price of dYdX soared over 35%, reaching the $2.5 resistance mark. Triggered by increasing demand and positive news, analysts are bullish that the dYdX price may soon surpass the $3.2 resistance level.

Following the appointment of David Sacks as AI and crypto czar, DYDX saw a 35% price rally, with daily trading volumes surging by 168%, amid links to Sack's venture capital investment firm.

DYDX, the native token of decentralized trading platform dYdX, has become the top-performing altcoin in the last 24 hours. According to CoinGecko, DYDX rallied to this peak after the price increased by 30%.

DYDX, the native token of the decentralized trading platform dYdX, recorded an impressive rally on Nov. 6 following reports of it being backed by Trump's newly appointed White House cryptocurrency advisor.

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.

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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.