Latest News

Raydium's success is tied to Solana's dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.

Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.

In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!

While digital assets see a sigh of relief with Bitcoin jumping above $98,000, altcoins are swiftly rebounding. Raydium's RAY led the gainers within the past day, following a 29.24% price surge. Besides the ongoing broad market recovery, bullish ecosystem developments contributed to the alt's outperformance in the past 24 hours.

Meme coin trading was a key driver of Raydium's volume with meme coins accounting for 65% of Raydium's monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row.

A significant whale transaction caught the crypto community's attention. A whale, using the wallet address “0x972,” made a massive swap, shifting from Uniswap (UNI) tokens to DYDX, the native token of the decentralized exchange (dYdX).

Matt Kreiser, a research analyst at Messari, reported that Raydium had eclipsed Uniswap to become the top DEX by trading volume across all chains for two consecutive months. Solana's Raydium(~$125B) outperformed Uniswap (~$91B) in monthly DEX volume by almost 30%.

Uniswap's native token, UNI, has come under intense selling pressure, raising concerns about its near-term trajectory. On December 10, 2024, blockchain analytics platform Lookonchain reported a significant sell-off by Cumberland, a high-profile trading firm, which offloaded 989,520 UNI tokens worth $16.73 million across major exchanges, including Binance, Coinbase, OKX, and Robinhood.

Cumberland dumps a significant 989,520 UNI tokens, worth $16.73 million.

Digital assets appear ready for recovery after the latest flash crash, which saw billions liquidated from the crypto market in the past few sessions. Let's explore movements in large-cap altcoins for an overview of the ongoing developments amid the rotation from BTC to altcoins.

DYDX's price action over the next few days could be very interesting.

Uniswap (UNI) is one of the leading decentralized finance (DeFi) tokens that continues to attract attention for its decentralized exchange (DEX) model. With its ability to facilitate peer-to-peer cryptocurrency trading without relying on intermediaries, Uniswap has positioned itself as a major player in the crypto market.

UNI, the native token of UniSwap, appears to be struggling and is poised for further price declines as whales and institutions shift their interest. On December 10, 2024, the whale transaction tracker Lookonchain posted on X (formerly Twitter) that a high-profile trading firm, Cumberland, had dumped a significant 989,520 UNI tokens worth $16.73 million.

PEPE surpasses Uniswap in market capitalization following a meteoric rise, signaling memecoins' increasing momentum.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.

Uniswap price surged over 40% in the past week, and 400% from the 2023 lows, and this rally can be attributed to the strong bullish trend in the cryptocurrency market. With BTC hovering around $100,000, a sustained uptrend is likely.

Pepe, the frog-themed meme coin, has surpassed $11 billion in market capitalization, briefly overtaking Uniswap's token UNI, which holds a market cap of approximately $10.6 billion.

Uniswap continued its strong rally, rising for three straight weeks, and reaching its highest level in three years. Uniswap (UNI), the biggest player in the decentralized exchange industry, jumped to $18.

Uniswap (UNI) is holding steady above the $17 mark, following a successful break above this level. With the bulls maintaining their grip on this critical support level, speculation is rising about whether this could be the calm before a bullish storm.

UNI's price action could be in for quite a ride over the next few weeks.

According to data from CoinMarketCap, Pepe has a maximum supply of roughly 420 trillion tokens, with all tokens already in circulation.

Story Highlights The live price of the UniSwap crypto token is . The UNI price could reach a maximum of $24.83 in 2024. Unicoin price with a potential surge, may reach a high of $89.24 by 2030. DeFi's have come into existence with the idea of no intermediaries.

Uniswap (UNI) price has seen impressive growth, crossing the $10 billion market cap and rising 80.44% in the last 30 days. With the price currently at 67 on the Relative Strength Index (RSI), UNI is approaching overbought territory but still has room to grow before signaling an immediate correction.