
Uniswap Records Historic Surge in Dormant Activity: Santiment
Uniswap’s dormant wallet activity hits an all-time high, driving a 75% volume spike. Analysts expect a potential breakout to $10 if momentum continues.
1H
0.38%$0.0377
24H
11.3%$1.01
7D
18.1%$1.53
30D
34.7%$2.56
Uniswap’s dormant wallet activity hits an all-time high, driving a 75% volume spike. Analysts expect a potential breakout to $10 if momentum continues.
UNI token has gained 4% in the past day and 12% over the week, as growing Layer-2 adoption fuels market optimism.
Uniswap (UNI) jumped 12% to $6.55 after a dormant whale returned following a three-year break, placing a $3.97 million bet that’s already in profit.
UNI token has recently rallied over 50% from its yearly low, boosted by a historic $3 trillion trading volume milestone.
The US SEC will hold its second crypto roundtable on April 11, with representatives from Coinbase, Uniswap Labs, and Cumberland DRW participating.
Since its inception, the Uniswap Protocol (”Uniswap”) has served as trustless and highly decentralized financial infrastructure. Having proven product-market fit for highly decentralized financial infrastructure with a platform that has thrived independently, Uniswap is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of UNI (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
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