Tag: UNI

  • UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    • Uniswap v4 has surpassed $200 billion in swap volume.
    • The breakthrough has renewed interest in Uniswap.
    • The update coincides with an over 10% increase in native UNI’s price.

    Cryptocurrencies recorded substantial gains on Monday after the United States Senate voted to end the ongoing government shutdown.

    Amidst the broad-based optimism, UNI extended its daily gains by over 12% as Uniswap Labs celebrated a remarkable breakthrough.

    The team protocol took it to X to confirm that Uniswap v4 has handled over $200 billion in swap volume, making it one of the most active networks in the DeFi industry.

    Notably, Uniswap released the version 4 upgrade in January this year to increase efficiency, reduce costs, and enhance developer activity through customized liquidity pools.

    The massive swap volume underscores demand and interest in the past months.

    The announcement coincided with UNI’s recovery.

    Moreover, it has sparked renewed interest in the DEX. The timing is also crucial.

    As the overall cryptocurrency market regains momentum, the $200 billion swap volume reflects Uniswap’s key role in decentralized trading.

    Enthusiasts react to rising activity

    The decentralized exchange sees renewed optimism from DeFi players and retail traders.

    UNI’s surge coincides with increased trading volumes across leading exchanges.

    Coinglass data shows Uniswap’s Open Interest has climbed to $344 million after a sharp rise today.

    Meanwhile, market watchers perceive the $200 billion milestone as a sign of a vibrant chain driven by demand, not only short-term stats.

    The robust swap volume reflects active participation, stable liquidity, and confidence in Uniswap’s future potential.

    One crypto enthusiast and X user:

    “While others talk decentralization, Uniswap quietly becomes the backbone of DeFi. $200B speaks louder than any narrative.

    Why is Uniswap v4 unique?

    Released in January 2025, Uniswap’s v4 upgrade introduced key changes in decentralized trading systems.

    For instance, the version introduces hooks, a mechanism that allows developers to create liquidity pools with custom features.

    That welcomed innovations like automated strategies, dynamic fees, and streamlined user experience.

    V4 has gradually gained traction among liquidity providers and developers since launching.

    Meanwhile, crossing $200 billion in swap volume confirms that the upgrade introduced practical improvements.

    At a time when the decentralized trading space sees intense competition from perpetual DEXs like Hyperliquid and Aster, Uniswap’s growth remains remarkable.

    The $200 billion swap volume signals the protocol’s relevance amid shifting preferences.

    UNI price outlook

    Uniswap’s native token traded in green as the community cheered the $200 billion swap volume.

    UNI climbed from $6.40 to $0.78 in the past 24 hours, a roughly 12% uptick.

    It is trading at $6.90 after correcting from intraday highs, with soaring trading volumes signaling renewed enthusiasm.

    While the swap volume milestone signals a brighter future for UNI, broader sentiments will shape its short-term performance.

    Continued overall market recoveries would extend the alt’s rally, whereas sudden selling pressure might erase the gains.



    Source link

  • BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

    BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

    • BitPay expands crypto support, adding UNI, BNB, LINK, CRO, VERSE, BAT to its roster.
    • CEO Stephen Pair underscores commitment to user-friendly crypto payments.
    • Users to enjoy versatile options, from luxury purchases to practical expenses.

    BitPay, initially established as a Bitcoin-focused payment startup, has broadened its horizon beyond Bitcoin (BTC) by adding support for “dozens” of additional cryptocurrencies. Notable tokens like Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE, and Basic Attention Token (BAT) are now included in the platform’s extensive list of supported digital assets.

    CEO Stephen Pair emphasized the company’s dedication to simplifying crypto payments, aiming to make them accessible to a broader audience. This strategic move aligns with the evolving demands of the digital currency market, showcasing BitPay’s commitment to user diversity and the need for greater accessibility in the crypto landscape.

    This expansion caters to a growing trend within the web3 space, where companies are increasingly embracing a range of digital tokens beyond Bitcoin. Recognizing the importance of user choice and accessibility, BitPay is positioning itself as a leader in the evolving digital economy.

    Versatile crypto payment solutions

    BitPay’s commitment to inclusivity extends beyond mere token support. Users can now leverage their cryptocurrencies for a variety of purposes, from purchasing goods at renowned merchants like Gucci and Ralph Lauren to practical expenses such as car and mortgage payments. The company’s portfolio continues to expand with added support for tokens like Cronos and Basic Attention Token, further enhancing the utility of digital assets in everyday transactions.

    BitPay’s strategic expansion into supporting a wide range of cryptocurrencies signifies a pivotal milestone. The move caters to the diverse preferences of crypto users, positioning BitPay as a pioneering player ready to shape the future of digital transactions.

    Source link

  • A Deep Dive into UNI, RUNE, and $RBLZ’s Market Dynamics

    A Deep Dive into UNI, RUNE, and $RBLZ’s Market Dynamics

    TLDR

    • Crypto analysts anticipate a 76% price surge for Uniswap (UNI) by the end of 2024.

    • Market experts predict THORChain (RUNE) will surpass the $10 price mark in 2024.

    • Rebel Satoshi (RBLZ) shakes the market dynamics with predictions of a staggering 150% price growth.

    The crypto market is on the rise, and investors are looking for the best altcoin to invest in. While many top altcoins offer a safe investment opportunity, we are diving deep into the market dynamics of Uniswap (UNI), THORChain (RUNE), and Rebel Satoshi (RBLZ) to pick the right crypto to buy.

    But the main question is, how have UNI, RUNE, and $RBLZ performed so far in 2023 and which coin is the best crypto to invest in now?

    Analysts Foresee Uniswap (UNI) Surging by 76% in 2024

    Uniswap, a pioneer in decentralized exchanges, faced turbulence in 2023 as regulatory uncertainties led to a dip in its price.

    UNI, Uniswap’s native token, commenced 2023 with a strong surge, reaching its peak of $7.5533 in February, in harmony with the broader market. However, regulatory uncertainties, primarily influenced by SEC actions, contributed to a 46% price decrease until early November. The market landscape shifted in November, marking the beginning of a resurgence for UNI.

    In November, Uniswap joined forces with Talos, an institutional investing technology firm, in a pivotal move. This strategic partnership aims to bridge the gap between decentralized finance (DeFi) liquidity and institutional traders.

    The collaboration signifies a broader trend of increasing institutional interest in crypto assets, emphasizing the importance of market depth and breadth. So, is UNI the right crypto to buy now?

    Building on recent positive developments, experts foresee a bullish outlook for UNI in 2024. Considering Uniswap’s strategic partnerships and the optimistic sentiment prevailing in the market, experts predict a substantial 76% surge, with UNI reaching $10.42 by the end of 2024.

    However, acknowledging the volatility inherent in the crypto space, a bearish scenario for Uniswap suggests UNI’s stability below $8.37 in 2024.

    THORChain (RUNE) Eyes the $10 Price Mark in 2024 With Expert Predictions

    RUNE’s year-to-date performance reflects a slow start to 2023, deviating from the bullish trends in the broader market. However, the narrative changed dramatically in late 2023, leading to a staggering 459% increase in December from its year-start price.

    This sudden growth in RUNE’s price can be attributed to the latest developments by THORChain, like a strategic move by Edge self-custody wallet to integrate RUNE, simplifying participation in THORChain’s decentralized protocols.

    In a significant development in late November, Edge self-custody wallet incorporated RUNE into its platform. By adding support for RUNE, Edge enhances accessibility and usability for its users, contributing to the growing adoption of THORChain in the decentralized finance (DeFi) landscape. So, should you consider RUNE the best cryptocurrency to invest in?

    As 2024 approaches, experts are optimistic about the continued growth of THORChain. Fueled by the anticipation of an upcoming bull run and RUNE’s recent impressive surge, predictions suggest a substantial further increase.

    Experts anticipate that RUNE will surpass the $10 mark, reaching an estimated $14.49 by the end of 2024. However, acknowledging the inherent volatility of the crypto market, a bearish scenario proposes RUNE’s stability below $9.78 in 2024.

    $RBLZ Shakes the Market Dynamics by Becoming the Best ICO

    In the dynamic landscape of top altcoins, $RBLZ, the native token of Rebel Satoshi, emerges as a game-changer, reshaping market dynamics and garnering attention as the top ICO choice. Unlike typical meme tokens, Rebel Satoshi’s native token, $RBLZ, transcends the conventional and propels itself into a category of its own, challenging established market norms.

    Led by Rebel Satoshi and a dedicated team of Recusants, the $RBLZ movement is more than a token; it’s a manifesto for a decentralized future. This unique altcoin doesn’t just seek to disrupt; $RBLZ aspires to revolutionize the crypto landscape, awakening the silent majority and challenging the status quo.

    At the core of this rebellion is the Ethereum-based $RBLZ token, symbolizing more than just a digital asset. It serves as a passageway for investors to engage in quests, claim rewards, stake for additional benefits, and be an integral part of a dynamic community.

    As Rebel Satoshi completes a compelling presale performance, selling out the Early Bird Round within three weeks and distributing 25 million $RBLZ tokens, it positions itself as one of the best new ICOs. Offered in the Early Bird Round at $0.010, $RBLZ has soared by 29% to reach $0.013 in the ongoing Rebels Round 1.

    Experts are optimistic that Rebel Satoshi will reach $0.025 before its official launch, bringing a staggering 150% return on investment for early investors. Moreover, new investors can buy $RBLZ tokens and join the passionate community using Bitcoin and 50 other top crypto coins.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

    Source link