Uniswap destroyed 106,000 UNI tokens in a single day, marking its third largest burn event since implementing a new fee-to-burn mechanism. This system collects fees from trading activity to buy back and permanently burn UNI tokens, creating deflationary pressure and increasing token value. Annualized, this burn rate equates to about $170 million, reflecting strong demand for Uniswap's services. However, the burn rate depends on trading volumes and could fluctuate with market conditions.
Provenance Blockchain (HASH) surged 24% to $0.0095, leading the day's gainers due to increased interest driven by new partnerships with major financial institutions. Other notable gainers include Uniswap (UNI) up 11.5%, Injective (INJ) rising 9.5%, a...
BNB, UNI, and ADA cryptocurrencies are currently showing strong breakout signals with potential upside gains exceeding 20%. BNB broke out of a descending channel, reclaiming key moving averages and targeting $675-$700. UNI confirmed a cup and handle ...
Uniswap has activated its protocol fee switch on v4 liquidity pools across seven blockchain networks, resulting in approximately $325,000 in daily revenue from day one. This fee, about one-sixth of the existing swap fee, slightly increases trader cos...
Bitcoin prices increased with spot Bitcoin ETFs attracting $32.1 million in net inflows after four days of outflows, signaling renewed investor interest. Despite crypto sentiment remaining cautious in the fear zone, Treasury Secretary Scott Bessent's...
Uniswap (UNI) has broken above its 200-day exponential moving average (EMA) for the first time since November 2025, driven by strong volume and fee growth from its decentralized exchange on the Robinhood Chain. In July, UNI's fees more than doubled, ...
