Decentralized exchange Uniswap may soon have an upgrade to reward holders of governance tokens. The price of UNI has surged as a result.
The upgrade would reward UNI token holders who staked and delegated their tokens, according to the proposal.
ETH gas fees hit an eight-month-high amid the ERC-404 token craze, while the Starknet network deals with an ongoing airdrop frenzy.
Trading volumes on the Solana-based DEX Jupiter topped the charts at $480 million in a 24-hour period amid a frenzy for a new memecoin airdrop and heightened stablecoin swaps.
dYdX’s market recorded a trading volume of $757 million, taking the top spot in 24-hour volume.
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
ETH’s rally is backed by increased on-chain activity and the markets’ anticipation of a network upgrade and spot ETF, but is this enough?
Bitcoin remains stuck inside an ascending triangle pattern, but UNI, NEAR, OP and INJ are showing promise in the short term.
The ETH price has turned bullish, and the move is backed by an increase in DApp activity and protocol revenue.
Uniswap version 3 (v3) has been deployed on Bitcoin sidechain Rootstock by GFX Labs, the team behind trading terminal Oku.
Uniswap, the first decentralized crypto exchange of its kind, was Adams' first and greatest contribution to Ethereum. The latest V4, inviting praise and criticism, earns him a spot on the Most Influential 2023.