UNI Price Soars 20% As Uniswap Labs Pushes Back Against SECs Wells Notice

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities.  The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response [...]

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Uniswaps Healthy Uptrend: Could 38.6% More Gains Be Coming?

The chart presents a strong bullish trend for Uniswap, with a period of initial sideways movement within a low-volatility range. Following a correction and gradual decrease, the token saw a sudden breakout with a steep increase in price and trading activity. Uniswap currently trades at $7.03, with a 24h trading volume of $485.64 million and […]

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Uniswap On Arbitrum Nears $150 Billion In Swap Volume

Uniswap, one of the worlds largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume. Riding The [...]

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Uniswap Founder: Dapps Will Soon Handle Gas Fees On Behalf Of Clients

In comments likely to resonate with crypto fans, Hayden Adams, the founder of Uniswap, a leading decentralized exchange (DEX), predicts that network fees will eventually become a background expense for users, much like server costs are today for top centralized applications running on Amazon Web Service and other platforms.   Gas Fees Is A Major Pain Point, Mass Migration To Solana, Layer-2 Platforms Taking to X, Adams envisioned a future where decentralized applications (dapps) seamlessly cover network fees on behalf of users. This approach, the inventor adds, aligns with how server costs are currently handled in the current setup, especially among operators of common applications like X or Facebook. Server costs are often considered a hidden expense in the overall business model. However, this can cost millions of dollars monthly, depending on the app’s popularity. Related Reading: Shiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge Presently, the dream of low-fee transactions remains out of reach for some blockchains, particularly Ethereum, the dominant platform for smart contracts. Ethereum is a legacy blockchain that recently shifted from a proof-of-work to proof-of-stake consensus. However, while this was a major shift, the network still struggles with scaling challenges. At optimum, Ethereum can only process 15 transactions every second. Comparing this with current demand only means “gas fees” must be high to incentivize the validator to include transactions in the next block. This high “gas fee” continues to be a major pain point, leading some projects to migrate to alternative networks with faster transaction speeds and lower fees. Solana, a high-throughput blockchain, and layer-2 scaling solutions like Arbitrum have emerged as popular destinations for these migrating projects. This trend is particularly evident with the recent surge of meme coins like BONK and WIF, which have seen significant growth on Solana. Related Reading: Bitcoin Crossroads: Analyst Identifies Level Set To Determine Next Move Unlike Ethereum, Solana and layer-2 platforms relying on Ethereum for security boast higher throughput and negligible gas fees. Accordingly, more meme coin projects are launching on these networks. Here, users can transact without considering the implication of gas fees. In recent weeks, top meme coins, besides PepeCoin (PEPE) or Dogecoin (DOGE), have been launching on Solana. Ethereum Is Working On Scaling Ethereum will implement the Dencun Upgrade in mid-March to combat its scaling woes. The update aims to reduce costs for users interacting with layer-2 solutions significantly. However, this upgrade is just one of the many Ethereum developers plan to implement over time. Eventually, the proof-of-stake network aims to scale processing speeds, allowing it to execute millions of transactions every second through innovations like Sharding.  Uniswap continues to lead in popularity, looking at assets under management. So far, Uniswap developers have deployed its solution across other blockchains and layer-2 options, including Arbitrum and the BNB Chain. Feature image from Shutterstock, chart from TradingView

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Uniswap Tops Other Big Crypto In Social Dominance Despite Price Drop

Uniswap (UNI) has surged in the social dominance department, peaking on December 25 at 20.46%. Uniswap is seen to win the popular vote as it topples other cryptocurrencies in the social arena. Here’s a quick look at how it is performing: UNI price drops 1.26% Uniswap critical support spotted at $5.09 UNI dominates the crypto space in terms of social dominance On the other hand, UNI still looks bearish, which could linger on for quite some time. According to data by CoinMarketCap, UNI price was trading at $5.07, down 5.2% in the last seven days. Related Reading: NEAR Struggles As Bulls Aim To Flip $1.45 Resistance Into Support Source: CoinMarketCap The price could even slide further down if the coin fails to hold on to its current support level. The MACD histogram has fallen below zero, which indicates an increase in the amount of pressure being exerted by sellers. UNI Technical Indicators: Seller Aggressiveness Uniswap’s technical indicators show that sellers are more aggressive than buyers in the coming days. Uniswap, with the daily trading session, hinted at the formation of a descending triangle pattern. It also demonstrates a long-term bearish trend considering that the price dangles within the 100 and 200 SMA. Chart: TradingView The upper Bollinger Band sits at $5.25, while the lower Bollinger Band is currently at $5.32, which suggests a bearish trend for Uniswap. This market pattern is seen to continue for an extended period. Related Reading: Chiliz (CHZ) Finds Cover At This Level For Some Temporary Relief UNI total market cap at $3.8 billion on the daily chart | Chart: TradingView.com On the brighter side, Uniswap’s price may increase once it successfully breaches the $5.4 level. However, if the coin barrels past the key support level, it could aggravate the losses. Now, in order to reverse the negative sentiment, the bulls should maintain the support level and push the prices way up. UNI Search Volume Among Traders Climb In terms of social dominance and volume, UNI sits at 6,902 crests, which means that search volume has increased among the traders. Traders now see the spike in social dominance as an opportunity to rake in profit from UNI. In fact, Binance funding has increased by 0.009%. However, despite the spike in investor interest, Uniswap still needs to increase in value. In November, Uniswap rolled out an NFT aggregator as the market was bullish then. However, the tide has turned, and UNI NFTs did not seem to tickle the fancy of many investors as NFT trades have plummeted to only $7,562. While UNI is dominating social volume and dominance, this might not go on for long, as the social volume and price seem to plunge further in the coming days.

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Uniswap Price Prediction: This Bearish Setup Could See UNI Drop To $4.78

Uniswap price action has been drab since Q3 of 2022 despite making waves since 2021. Investors have begun to wonder whether the Ethereum liquidity provider [...]

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Uniswap Price Prediction: Can Uniswap Stage 14% If China Relaxes Zero Covid Restrictions?

Uniswap price, just like stock and commodity prices, hit the lowest mark this year following protests in China, a top importer, over strict Covid-19 curbs [...]

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Uniswap Price Prediction as UNI Climbs 13% From Recent Bottom

The decentralized finance (DeFi) sector has been one of the most affected by the ongoing bearish market. Uniswap is one of the best DeFi platforms, [...]

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Uniswap Price Prediction: UNI Faces Stiff Resistance Upwards

Uniswap (UNI) price displays optimism as it trades in a second straight bullish session. One last push for the decentralized exchange (DEX) token to $6.5 [...]

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Uniswap Price Prediction – Glorious +20% Week! Better Days Ahead?

UNI token grew 20% since last week. Why is Uniswap up? Is Uniswap a good buy? Let's analyze UNI in this Uniswap price prediction article.

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This Coin will Surge by 135% when THIS happens – Don’t miss out

In this Uniswap price prediction article, we're going to analyze Uniswap crypto from a technical perspective. When should you Buy Uniswap?

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Uniswap Price Analysis: UNI On A Bearish Slide. Is $20 Next?

Uniswap is a classic project demonstrating the union’s triumph over-centralization. The DEX on Ethereum is one of the most valuable Decentralized Finance projects. There has been re-arrangement on that effect, but the project’s upsides are firm. While dependent on the evolution of Ethereum, internal development would accelerate Uniswap’s expanding gain... Read More

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Amazing Horse Price Pumps Like Crazy on DexTools. Another Scam or the New Pepe Coin?

Amazing Horse coin ($HORSE) experienced a remarkable +6500% price pump within 6 hours of launch on DEXTools. However, it quickly lost all gains, leaving investors [...]

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Uniswap Price Prediction for Today, February 6 UNI Technical Analysis

Uniswap (UNI) is currently trading at $9.37, reflecting a modest 1.02% gain despite broader bearish trends in the cryptocurrency market. With its market cap at [...]

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Uniswap Foundation Unveils Major Upgrade Plan, UNI Price Skyrockets 52%

Uniswap (UNI), one of the industry’s largest decentralized cryptocurrency exchanges (DEXs), has set the stage for a major shift in its ecosystem with a proposed upgrade that could have significant implications for UNI token holders.  The upgrade aims to bolster governance participation, enhance resilience, and reward token holders for active engagement within the Uniswap ecosystem. Uniswap Takes Big Leap In Governance Uniswap Foundation (UF) Lead Developer Erin Koen, while expressing his enthusiasm, has suggested that it has been the “biggest week in Uniswap Protocol Governance” and revealed a major upgrade proposal for the system. At the heart of the proposed upgrade lies a fee mechanism designed to reward UNI token holders who stake and delegate their tokens. As announced, by actively participating in the governance process, token holders can earn additional rewards in the form of protocol fees.  In addition to the enhanced rewards, the proposed upgrade seeks to fortify Uniswap Governance, making it more resilient and decentralized.  According to Koen, by increasing the number of actively involved token holders, the governance structure becomes more robust, ensuring that decisions align with the collective interests of the UNI community.  The proposed upgrade maintains governance control over core parameters such as fee-charged pools and fee magnitude. Token holders will collectively decide on these critical aspects, allowing for flexibility and adaptability in response to market dynamics.  Related Reading: Avalanche C-Chain Experiences Block Production Halt, AVAX Price Responds Beyond the immediate benefits, the proposed upgrade holds the potential for long-term value appreciation of the UNI token. By incentivizing participation and aligning token holders’ interests with the ecosystem’s success, Uniswap aims to foster organic growth and adoption.  Assuming a successful on-chain vote, the community will have the option to activate fees. Gauntlet, a trusted entity, is reportedly preparing a proposed roll-out process that will be shared on the forum.  Only after completing this separate governance process will fees be collected and distributed according to the adopted contracts. Koen further noted: Were excited to invigorate governance incentivizing not only delegation but thoughtful and active delegation by tying delegation to protocol fees. Specifically, we believe UNI token holders will be incentivized to choose delegates whose votes and engagement with the protocol will lead to the Protocols growth and success. If this proposal succeeds we believe we will see an influx of new delegations. UNI Records 23-Month High As these developments unfold, considerable excitement has emerged around the Uniswap protocol. Notably, a cryptocurrency investor named “Virtual Bacon” expressed enthusiasm, stating, “Uniswap finally proposes to share revenue with UNI token stakers. Chart exploding on this ‘proposal’ which hasn’t passed yet.”  Within 24 hours, the UNI token witnessed a surge of over 52%, signaling the market’s anticipation of the potential benefits this upgrade could offer token holders. Currently, the UNI token is trading at $11.29. However, with the unveiling of the upgrade proposal, the token quickly surged to the $12.50 level, reaching its highest point in 23 months.  The gains over longer time frames have also experienced a dramatic surge. Over the past fourteen days, the UNI token has seen an impressive increase of 73%. Similarly, the token’s value has soared by 94% in the last thirty days.  Related Reading: Cardano (ADA) Faces Critical Sell Signal: Crypto Analyst Raises Alarm Overall, should the proposed upgrade be approved and implemented, Uniswap will reinforce its position as a leading DEX and establish a framework that empowers token holders and fosters the continued growth and success of the Uniswap protocol. Featured image from Shutterstock, chart from TradingView.com

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Uniswap Expands Reach: Deploys v2 Protocol On Six New Chains Including Arbitrum And Polygon

Uniswap (UNI), one of the largest decentralized cryptocurrency exchanges (DEX) by trading volume, has made an important announcement regarding deploying its v2 protocol on six additional chains.  The chains on which the v2 protocol has been deployed include Arbitrum (ARB), Polygon (MATIC), Optimism (OP), Base, Binance Smart Chain (BSC), and Avalanche (AVAX). Uniswap Widens v2 Protocol Deployment According to a recent post on X (formerly Twitter) by Uniswap Labs, the software product developer working on the protocol, the decision to deploy the v2 protocol on more chains is primarily driven by the desire to simplify the experience for Liquidity Providers (LPs). While the protocols v3 offers advanced features tailored for active liquidity providers, the development team believes the v2 protocol offers a more straightforward approach.  By default, v2 pools cover the entire price range, reducing the need for upfront decisions and minimizing the active involvement of liquidity providers. This simplification streamlines the process and makes it more accessible to a broader range of users, according to the announcement.  Related Reading: AVAX Slips, Adding Tension To $365 Million Avalanche Token Unlock Drama Another benefit of using the v2 protocol on multiple chains, according to Uniswap Labs, is its cost efficiency. Creating pools on v2 is more gas efficient than other versions, resulting in lower gas costs to add liquidity.  This cost reduction can be translated into savings for users, making swaps on the platform incredibly affordable. In addition, the use of v2 on Layer 2 scaling solutions significantly reduces the risk of frontrunning and manipulative practices known as Miner Extractable Value (MEV).  Ultimately, by offering an official v2 deployment directly accessible through the Uniswap interface, the developers suggest that users can be assured of a safe and secure environment for their swaps. UNI Price Dip, Platform Metrics Remain Solid Despite the recent developments that could attract investors’ attention and drive broader adoption of the Uniswap protocol, the exchange’s native token, UNI, is currently undergoing a significant correction in line with the overall market trend. Currently, UNI is trading at $7.22, representing a 4.4% price drop in the past 24 hours and a 1.1% decline in the last trading hour. However, it’s worth noting that UNI has been one of the better-performing tokens in the market, with price increases of 14.7% and 16.8% in the past fourteen and thirty days, respectively. Furthermore, according to data from Token Terminal, the Uniswap ecosystem continues to exhibit substantial growth in key metrics.  Related Reading: Bitcoin FOMO Hasnt Spiked Yet: Green Signal For Rally To Continue? The fully diluted market capitalization of Uniswap stands at $7.56 billion, reflecting the total value of all tokens if they were fully in circulation. This figure has experienced a notable increase of 18.4% over the past month.  In contrast, the circulating market capitalization, which considers the currently circulating tokens, is valued at $6.94 billion, indicating a 19.9% increase over the same period. Despite the overall surge in market capitalization, the trading volume of the UNI token has experienced a significant decline of 69.3% over the past 30 days, amounting to $2.79 billion.  The total value locked (TVL), a measure of the value of assets locked within Uniswap’s smart contracts, has also experienced a 14.4% increase, reaching $4.76 billion.  Featured image from Shutterstock, chart from TradingView.com

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Uniswap Price Surges Past $10 Bullish Pattern Suggests Further 30% Gain

The Uniswap price appears to be recovering nicely after a disappointing performance at the beginning of the year. The DeFi token rallied past the $10 mark in the final hours of Friday, February 14, reflecting the improving climate of the general crypto market. Uniswap Price Jumps 10% In The Past Week The UNI token was one of the beneficiaries of the bullish momentum that shook the market on Friday evening. As of this writing, the price of Uniswap stands at around $10.18, reflecting an over 3% increase in the past 24 hours. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility This single-day action pushed the Uniswap price performance in the last week to double digits; a nearly 11% climb according to data from CoinGecko. While things seem to be looking up for the altcoin, its performance on broader timeframes is still something to worry about. Due primarily to the recent drop beneath the $8 level, the price of UNI is down by almost 15% in the last two weeks and 30% in the past month. However, the Uniswap price appears to be gearing for a bullish breakout over the next few days. Here’s How UNI Price Could Reach $13 In a February 14 post on the X platform, popular crypto analyst Ali Martinez put forward an exciting bullish outlook for the price of UNISWAP over the coming days. According to the crypto pundit, the DeFi coin could travel as high as $13 following the potential bullish breakout. The rationale behind this optimistic prediction is the formation of the Adam & Eve pattern on UNI’s hourly price chart. The Adam & Eve pattern is a technical analysis formation characterized by two distinct troughs (price swing lows). The first depression, Adam, is a sharp V-shaped dip, while the second trough, Eve, is marked by a more rounded, U-shaped bottom. This price formation is often a reversal indicator, suggesting a potential shift in market sentiment from bearish to bullish. However, it is most crucial after identifying an Adam and Eve pattern to wait for the confirmation of a bullish breakout. The bullish setup is validated once the asset’s price breaches and successfully closes above its highest high. In UNI’s current situation as shown in the highlighted chart, the significant level to confirm the bullish breakout is around the $10.1 mark. According to Martinez, a successful close above this level could set the stage for a Uniswap price rally to $13 about 30% from the current price point. Related Reading: Avalanche Shows Signs Of Recovery As Key Indicator Flashes A Buy Signal Details Featured image from iStock, chart from TradingView

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Uniswap V4 Catalyst: UNI Token Primed For Growth As New Chain Launch Loom

Uniswap, one of the worlds largest decentralized exchanges (DEX), is poised for significant growth with the upcoming launch of its V4 upgrade. This anticipated update will introduce custom Automated Market Maker (AMM) functionality directly on top of Uniswap, eliminating the need for separate AMM designs. In addition, Uniswaps governance token, UNI, has seen notable growth, [...]

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Uniswap Unleashes a Game-Changer: What is UniswapX?

Uniswap, a pioneer in automated market-making (AMM) platforms, just launched their Cross-AMM Protocol. What is UniswapX and how does it work?

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Uniswap Price Prediction for Today, November 28 UNI Technical Analysis

Uniswap v4 is set to revolutionize decentralized exchanges. As this groundbreaking upgrade nears completion, we’ll examine its potential impact on UNI’s price and the broader [...]

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