Amid market adjustments, $UNI has shown rare resilience. I’m more focused on the four growth drivers behind it:
1. Trading volume on Robinhood Chain has surged, and Uniswap, as a leading liquidity gateway, is poised to benefit continuously;
2. The new VolatilePair feature has launched, improving trading efficiency and market-making experience for volatile assets;
3. Selling by hacker addresses has not crushed the market; instead, it has been absorbed by strong on-chain demand, indicating that buying pressure is not weak;
4. The TJAR fee conversion plan has expanded to seven chains, further broadening the protocol’s value capture.
UNI is currently trading at around $7.01, with 24-hour trading volume of approximately $517 million and a market cap of about $4.37 billion. In the short term, its price still depends on broader market risk appetite, but the protocol’s fundamentals and on-chain demand are improving. If the fee mechanism and multichain expansion continue to deliver, this resilience could further translate into valuation support.
#Uniswap #UNI #DeFi
1. Trading volume on Robinhood Chain has surged, and Uniswap, as a leading liquidity gateway, is poised to benefit continuously;
2. The new VolatilePair feature has launched, improving trading efficiency and market-making experience for volatile assets;
3. Selling by hacker addresses has not crushed the market; instead, it has been absorbed by strong on-chain demand, indicating that buying pressure is not weak;
4. The TJAR fee conversion plan has expanded to seven chains, further broadening the protocol’s value capture.
UNI is currently trading at around $7.01, with 24-hour trading volume of approximately $517 million and a market cap of about $4.37 billion. In the short term, its price still depends on broader market risk appetite, but the protocol’s fundamentals and on-chain demand are improving. If the fee mechanism and multichain expansion continue to deliver, this resilience could further translate into valuation support.
#Uniswap #UNI #DeFi