Uniswap's on-chain token transfers increased by 233% and transaction count by 196% over three months, signaling growing network activity. However, UNI's price remains about 18% below its three-month average at $2.92, even as Binance sees a significant net outflow of UNI tokens, down 755% from its baseline. This divergence coincides with Uniswap's activation of the Fee Switch, which redirects a portion of trading fees to buy and burn UNI tokens, reducing supply and potentially increasing value. The data suggests a shift in holder behavior, with more tokens moving off exchanges to self-custody, possibly anticipating value from the new fee mechanism. The ongoing reduction in exchange supply combined with rising activity could set the stage for future price support if demand grows.
Uniswap has processed more than $70 billion in decentralized exchange trading volume over the past month, exceeding the combined volume of the next three largest decentralized exchanges. This total includes activity across Uniswap versions 2, 3, and ...
Uniswap reported a 30-day trading volume of $70.6 billion, exceeding the combined volume of PancakeSwap, BisonFi, and Meteora. Robinhood Chain contributed about $26 billion, leading the activity ahead of Ethereum's $23 billion. This surge in volume h...
Bitway (BTW) surged 10.15% to $0.5527, driven by recent network infrastructure upgrades, making it the top gainer in the cryptocurrency market. Other notable gainers include Pump.fun, Uniswap, Cronos, and World Liberty Financial, while Mantle and sev...
Uniswap processed $70.6 billion in trading volume over the past month, surpassing the combined $44.6 billion volume of its three closest decentralized exchange competitors: PancakeSwap, BisonFi, and Meteora. Robinhood Chain was the largest contributo...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
