Uniswap is proposing to extend its fee-and-burn mechanism to BNB Chain, Polygon, and Celo, increasing the total supported chains to 13. This system collects protocol fees from swaps on these networks, bridges them to Ethereum, and permanently burns UNI tokens, reducing supply. On-chain data shows rising UNI withdrawals from Binance, indicating accumulation by long-term holders and smart money near recent price lows. The governance vote, with 100% support so far, closes on May 21, potentially enhancing UNI's value through reduced sell pressure and increased utility.
Uniswap (UNI) is under selling pressure, with its price down 7.5% to $3.44 and trading volume up 61%, signaling strong market activity. Negative derivatives data and a falling Long/Short ratio indicate traders expect further declines, possibly to the...
Solana (SOL) is maintaining price stability around $85–$86, holding above key support levels despite a slight recent dip. Technical analysis shows a rounded base formation suggesting a gradual recovery, with bulls needing to break the $98–$100 resist...
An SEC veteran clarified that Ripple was never under a gag order during its legal battle, as it chose full litigation over settlement. Binance announced it will delist eight low-liquidity trading pairs involving BTC, ETH, and UNI to improve market qu...
