The Ethereum (ETH) network has remained the undisputed web3 leader, with over $69 billion in total value locked (TVL) and more than $103 billion in stablecoins market cap, majorly due to the significant development of its layer-two (L2) scaling solutions.
Bitcoin DeFi is gaining momentum, and Charles Hoskinson predicts it will surpass other blockchain DeFi systems in the next few years.
Solana started a fresh increase from the $220 zone. SOL price is rising and aiming for a sustained upward move above the $250 resistance.
Solana (SOL), the fourth biggest crypto, took a halt from its all time high (ATH) rally but it seems like that the crypto whales are not holding back. Data from Lookonchain shows that a whale had scooped $60 million worth of SOL over the past month.
Solana price is on track for its first weekly loss in four weeks as the recent bullish momentum faded. The SOL coin was trading at $240, a few points below the year-to-date high of $264.7.
UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. It aggregates both on-chain and off-chain liquidity, internalizes miner extractable value (MEV) through price improvement, offers gas-free swaps, and can be extended to support cross-chain trading.
As Shiba Inu's trading volume falls to alarming levels, the company finds itself at a turning point. A declining volume may halt any upward momentum for the token by indicating a lack of confidence among traders in addition to posing liquidity issues.
Solana price extended its decline on Thursday, trading at $235 at the time of writing after dropping 2.5% of its value on the daily chart. The crypto coin has lost 11% from its all-time high of $264 set five days ago, underlining the pressure from profit-taking.
Uniswap's performance was outstanding in November, recording a $38 billion monthly trading volume.
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
Ethereum's DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump's election victory. The total value locked (TVL) in Ethereum's DeFi ecosystem has surged past $80 billion, marking its highest level in over two years.
TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.
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XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
More than 15 million dollars up for grabs for those who discover vulnerabilities in the new version of the famous DEX.
Arbitrum led Uniswap's $38 billion Layer 2 trading spree, followed closely by Base.
Solana appears to be forming a bearish head-and-shoulders pattern on a four-hour time frame.
TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.
Story Highlights The UNI price soared over 47% in the last seven days. The TVL has spiked by 30% this week, highlighting increased adoption. Intensified bullish action could push the price toward the $18 mark. The UNI price has recorded a strong bullish recovery by reclaiming its multi-month high.
Uniswap price staged a strong recovery and jumped above a key resistance level as demand for DeFi tokens jumped. It soared and retested the key point at $14, its highest level since March. It has jumped by over 168% from its lowest level in August.
Uniswap's monthly volume surged up to $38 billion across a number of Ethereum layer-2 platforms, surpassing its previous highest volume in March.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally.
Solana's price has recovered 8% from recent lows while showing strong network growth across multiple metrics, including TVL, developer activity, and futures market premiums.
Solana's (SOL) effort to reclaim its all-time high has faced strong resistance. This struggle has also allowed Solana bears to drive the price lower as it continues to hover around $238.
Uniswap achieved a record $38 billion in monthly trading volume across Ethereum Layer 2 networks in November, with Arbitrum leading at $19.5 billion, while the protocol's UNI token rose 42% and generated $90 million in fees.
Avalanche (AVAX) has recently shown signs of bullish movement, and the possibility of a breakout that could push the price to $65 is becoming more likely. With recent developments on both the price chart and on-chain activity, traders are closely monitoring key levels that could indicate further upward momentum.
In the last few weeks, the value of Solana (SOL) has reached new milestones, attracting the attention of investors and analysts.
Uniswap has shattered its monthly volume record on Ethereum layer-2 networks, signaling a resurgence of interest in DeFi. The post Uniswap Hits $38B Monthly Volume on Ethereum Layer 2s, Setting New Record appeared first on Cryptonews.
Uniswap has hit record monthly volume across Ethereum L2s and one analyst says it's an early sign of Ethereum ecosystem outperformance.
Traders crave for the allure of higher risk & potential higher gains, choosing DeFi wallets instead of major exchanges.
A cryptocurrency trader has managed to turn just $160 into a $6.14 million fortune after securing a 38,399x return on a meme-inspired cryptocurrency on the Solana blockchain, having invested less than 1 SOL into it. According to data from on-chain analytics firm Lookonchain, the cryptocurrency trader spent 0.75 SOL to buy 12.
Solana's onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.
The price of Solana (SOL) is falling after reaching a historic high of $260 on November 22. Today, the altcoin has fallen above the 21-day SMA.
Uniswap turned into a high fee producer after peak activity in November. DEX trading returned after a few slow months, boosting Uniswap's position on Arbitrum and Base.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
Uniswap [UNI] has demonstrated impressive resilience. The token recently rebounded strongly from a crucial support level at $8.64, extending its gains by over 30% to hit a local high of $11.50.
Data from analytics firm CoinGecko shows that Layer-1 native tokens grew by 7,000% in 2024. While major projects like Bitcoin and Ethereum recorded significant gains, other tokens saw notable growth in niche markets.
Uniswap Labs has launched the largest bug bounty in crypto history, a groundbreaking $15.5 million bug bounty program to secure its upcoming v4 core contracts.
Uniswap (UNI) price has surged roughly 15% in the last 24 hours, fueled by strong bullish momentum. The RSI has climbed to 67, indicating UNI is approaching overbought territory but still has room for further gains before a potential correction.
Analysts expect BTC to correct before resuming its rally.
Solana Price, a Layer 1 blockchain network, has experienced significant growth this month, emerging as a standout performer since the Trump-fueled market rally. SOL has showcased a strong upward momentum, gaining traction alongside a broader crypto market surge.
Solana (SOL) has emerged as a standout performer in the crypto market, surging 4.48% to $240.16. The rally, supported by record-breaking memecoin activity within its ecosystem, cemented Solana's position as a blockchain powerhouse.
Avalanche (AVAX) price has gone against the tide this week, staying on the upward trajectory as the rest of the market slumped. The resilience is attributed to the recent Avalanche9000 testnet, the largest upgrade since the mainnet launch.
Uniswap price forms a rounded bottom setup on the daily time frame and is primed for a breakout. Analysts believe that UNI could go parabolic and hit $20, provided a few key signs are validated.
Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.
Solana (SOL) has made waves in the cryptocurrency market, recently closing above the $250 resistance level for the first time. This historic move has ignited discussions among analysts, raising the question: Can SOL breach its all-time high of $260 and continue its rally toward $300 or even higher?
Solana ($SOL) is exhibiting some signs of volatility this week, causing some analysts to fear that the price may spiral. To begin with, Solana is the only top twenty cryptocurrency that has dipped in the last seven days.