Uniswap has surpassed $3 trillion in total trading volume to become the first decentralized exchange to set such a record. The achievement reflects the increased dominance of decentralized finance (DeFi) platforms in the crypto market. The increased use of decentralized exchanges (DEX) has contributed to Uniswap’s growth. This surge in volume marks a major development […]
UNI
AAVE and UNI See $20M Whale Buys Amid Bullish DeFi Market Signals
Large-scale crypto wallets have recently acquired over $20 million worth of DeFi tokens AAVE and UNI through OTC deals. Large-scale wallets bought DeFi tokens AAVE and UNI from OTC dealers as market uncertainty did not correlate with their investment decisions which showed growing faith in these leading DeFi assets. Research analysts suggest the token purchases […]
Ethereum Foundation Boosts DeFi with 50000 ETH Transfer
The Ethereum Foundation made a large transaction, moving 50,000 ETH worth approximately $131.66 million into a multisig wallet for decentralized finance (DeFi) activities. The big move, tweeted by blockchain analytics platform Lookonchain, stirred the cryptocurrency community. The Ethereum Foundation, which powers Ethereum’s ecosystem, is appearing to announce a move towards direct intervention in DeFi platforms. […]
Uniswap Whale Buys $16M UNI Amid Market Slump, Signaling Possible Rebound
UNI, thе nаtivе tokеn of Uniswap, hаs bееn struggling аlongsidе thе broаdеr cryptocurrеncy mаrkеt. Ovеr thе pаst wееk, it hаs plummеtеd by 26.86%, triggеring bеаrish sеntimеnts. Howеvеr, not еvеryonе is dеtеrrеd. A dееp-pockеtеd invеstor hаs sеizеd thе opportunity to аccumulаtе а stаggеring $16 million worth of UNI, hinting аt а potеntiаl turnаround. According to Lookonchain, […]
Uniswap’s Layer-2 Breaks Through With $200 Billion Volume Surge
Uniswap’s Layer-2 (L2) decentralized exchange (DEX) and automated market maker (AMM) network have set new records by breaking through $200 Billion transaction volume in February 2024. This impressive feat highlights the accelerating dominance as well as innovation of the platform in the blockchain ecosystem. The latest data published by Dune, a top cryptocurrency analytics company, […]
Uniswap’s Proposal Sparks 15% Surge In UNI Price: Report
Uniswap Foundation’s plan to change the governance system has generated different reactions from the community. The initiative, which has gained much attention from all stakeholders, proposes distributing the protocol fee directly to the UNI token holders. In a recent X post, renowned crypto journalist Colin Wu, through WuBlockchain, has shed light on the key points, […]
Uniswap Revolutionizes DeFi With Three Major Releases Amid UNI Token Surge
Uniswap, the renowned decentralized finance platform, has launched three revolutionary releases that allow users to make intelligent swaps. The trio comprises Uniswap Extension, Limit Orders, and Data & Insights tools, all of which seek to improve the swapping experience for cryptocurrency enthusiasts. The Uniswap Extension is a giant leap forward in wallet convenience, and it […]
Weekly Crypto Report: Bitcoin & Ethereum Stand Firm, Altcoins Steal the Spotlight
Bitcoin (BTC) and Ethereum (ETH) showcased resilience and noteworthy movements, but it was the altcoins that stole the spotlight with remarkable gains, indicating potential for further growth in the near future. BLUR Shines with 60% Surge, UNI & AXS Follow Suit Among the standout performers in the top 80 cryptocurrencies list, Blur (BLUR) emerged as […]
Uniswap X Achieves $1 Billion In Trades, New Fillers Reshape Market Dynamics
In a recent development, prominent crypto journalist Colin Wu, through a Wublockchain X post, recently uncovered a significant achievement regarding Uniswap X. The decentralized and open-source protocol, enabling trades across Automated Market Makers (AMMs) and diverse liquidity sources, has marked a remarkable milestone. Since its inception in July of this year, the platform has surged […]
Weekly Market Watch: Bitcoin & ETH Sharp Dips, Altcoins On The Path To Recovery
During the past week, the cryptocurrency market witnessed a downturn characterized by a bearish trend. However, as the week drew to a close, the bullish momentum began to overpower the bears, resulting in a positive turn to conclude the week. After experiencing significant dips in value, Bitcoin and Ethereum regained some of their value. Last […]