Over the past 10 days, Uniswap has continued to burn tokens worth more than $300,000 in value for the $UNI token, and on-chain trading volume has also seen a significant increase.

As the leading project in the DEX sector, Uniswap’s ongoing deflationary mechanism is gradually reducing circulating supply, while the rise in trading volume also signals a rebound in market trading demand. For $UNI , this is undoubtedly a positive sign.

Changes in on-chain data often reflect market sentiment ahead of time. With both burn amount and trading volume increasing at the same time, does this mean $UNI may be set to enter a new round of行情 (bullish movement) next?

#Uniswap #DEFI #加密货币