From Robinhood to Arc, Uniswap captures a flood of traffic as v4 accelerates to seize liquidity
Author: Nancy, PANews
Arc mainnet launched with a scorching first day, once drawing plenty of attention from the market, but it still couldn’t escape the “one-day wonder”行情. In this brief on-chain celebration, Uniswap caught the traffic and emerged as the winner.
From Robinhood Chain to Arc, the growth momentum brought by new chain traffic is becoming an important driving force behind Uniswap’s recent growth. Meanwhile, v4 is accelerating to catch up with v3 and is gradually becoming a key force in Uniswap’s expansion of its liquidity footprint.
Tapping into the Robinhood Chain tailwinds, Uniswap then captures the Arc traffic.
Over the past month, UNI has put on a strong rally, with a cumulative gain of 108.9%, rising from $3.2 to $6.9. Even though the broader crypto market has seen a recent pullback, UNI has still moved higher against the trend. Behind the continued rise in coin price, beyond improving market sentiment, Uniswap’s steadily growing trading volume and protocol revenue have become important fundamental support.