Decentralized exchanges, or DEXs, have emerged as a game-changing force in the world of cryptocurrencies. These innovative trading platforms are built on blockchain technology and operate without the need for central authorities or intermediaries. In this deep dive, we’ll explore the inner workings of decentralized exchanges, their rapid growth, and the key projects shaping the future of decentralized […]
Uniswap’s trading volume on Layer 2 solutions has increased from $4 billion to $30 billion, reflecting an impressive 650% growth over two years. As the most widely used decentralized exchange (DEX) on Ethereum Layer 2, Uniswap now comprises approximately 37% of the total trading volume on Layer 2.This surge represents a significant increase from the […]
Price action in the Uniswap daily market has been able to break the free fall as the token prints a minimal upside correction in the ongoing session. However, the market hasn’t made much progress since then. UNI Statistics: Current Uniswap Value: $7.10 UNI Market Cap: $4,251,918,616 Uniswap Circulating Supply: 598,736,140 UNI Total Supply: 1,000,000,000 Uniswap […]
Uniswap, the trailblazing decentralized exchange (DEX) on Ethereum, has expanded its user accessibility by introducing its official wallet app for Android devices. This move comes in response to the growing demand for a more convenient and secure mobile experience within the decentralized finance (DeFi) space. Uniswap on Android: A Simpler and Safer Way to Swap […]
Community-driven developments are shaking up the world of decentralized finance (DeFi). Notably, proposals to introduce Know Your Customer (KYC) and whitelisting features have ignited a spirited debate about DeFi’s evolution. Uniswap Pools: The Role of KYC Checks KYC checks and whitelisting mechanisms have emerged as essential tools to combat illicit activities and ensure compliance with […]
In the exciting world of decentralized exchanges (DEXs), one platform stands tall as the reigning champion: Uniswap. With its innovative technology and unique fee structure, Uniswap has revolutionized the way we trade cryptocurrencies. Let’s dive into the details and explore how Uniswap has emerged as the leading DEX in 2023. Pioneering Automated Market Makers When […]
Sellers’ momentum may increase in Uniswap market Uniswap Price Analysis – 01 June Uniswap levels of $4.7 and $4.5 will be put to the test if sellers are successful in lowering prices below the $4.9 support level. The $5.7 and $6.4 resistance levels might be broken if there is enough purchasing pressure to get past […]
Buyers’ momentum may increase in Uniswap market Uniswap Price Analysis – 28 April In case there is enough buying pressure and the $5.7 resistance level is breached, the $6.4 and $6.6 levels might also be broken. Price levels of $4.9 and $4.5 will be put to the test if sellers are successful in breaching the […]
Sellers’ momentum may increase in Uniswap market Uniswap Price Analysis – 20 April The $6.6 and $7.2 levels may also be broken if there is adequate buying pressure and the $6.2 resistance level is broken. If sellers are able to effectively breach the $5.7 support level, the price levels of $5.1 and $4.9 will be […]
