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Uniswap sees a 200% surge in large transactions, but price drops 9% in 48 hours.

Union Square Ventures (USV) extended its streak of UNI deposits to Coinbase Prime. The fund may be taking profits from its early Series A investment in Uniswap from 2020.

Union Square Ventures has transferred 578,000 $UNI tokens to Coinbase Prime in the past nine hours, which is worth approximately $8.45 million.

The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step.

Uniswap taps web3 security firm Blockaid for a new onchain detection and response system to protect DEX users from malicious tokens.

Uniswap has announced that its DeFi-focused layer-2 solution, Unichain, is expected to launch its public mainnet in early 2025.

Since its launch in October, the project has been running on Ethereum's Sepolia testnet. The network will use Rollup-Boost, a verifiable block-building platform created by Flashbots.

TL;DR Uniswap is set to launch Unichain, a DeFi-focused Layer 2 solution built on the OP Stack, with the mainnet expected to debut in early 2025, enhancing scalability and efficiency in DeFi. Unichain has been rigorously tested on Ethereum's Sepolia testnet, processing over 50 million test transactions and deploying more than 4 million smart contracts.

Uniswap is moving deeper into decentralized finance. It has launched its very own layer 2 solution. Currently active in testnet, the new product Unichain is attracting developers. Built using the OP Stack framework, this new project is all about improving scalability and security in DeFi.

Uniswap is gearing up to launch Unichain, its DeFi-focused Layer 2 solution built on the OP Stack, with the public mainnet expected to debut in early 2025. The post Uniswap's Unichain to Launch its DeFi-Focused Layer 2 Mainnet in Early 2025 appeared first on Cryptonews.

Unichain, a DeFi-focused Layer 2 built on the OP Stack and developed by Uniswap, is expected to launch its public mainnet in early 2025.

Uniswap is showing signs of sustained growth toward key price levels, will that suffice?

Uniswap (UNI) price is down 20% in the last 24 hours, continuing its bearish trajectory after losing the $10 billion market cap it held just days ago, now sitting at $7.2 billion. The sharp decline has pushed UNI into a critical zone, with technical indicators reflecting strong downward momentum and the potential for further losses.

Uniswap (UNI), the decentralized exchange (DEX) token, has been making waves in the cryptocurrency market after an impressive rally in November. The token surged by over 160%, drive optimism among investors.

While the market sentiment is still bullish, the demand for long positions has decreased.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

As the markets are heading towards the end of the year, the volatility has increased as expected. Meanwhile, these levels favour both the bulls and the bears at frequent intervals, suggesting a particular pattern being formed within the markets.

With the crypto market witnessing a new bearish hiccup, Uniswap trades above crucial levels. Absorbing the market hits, Uniswap aims for a breakout rally. However, the whales' activities are a matter of concern.

After an impressive rally in November, which confirmed macro bullish sentiment, Uniswap (UNI) has been consolidating in the past two weeks to give a chance for more buyers. Furthermore, the mid-cap altcoin, with a fully diluted valuation of about $16.

Saga reveals Mainnet 2.0 and partners with Uniswap, Evmos, and Squid Router on its way to launching the Saga Liquidity Integration Layer in Q1 2025. The post Saga Launches Mainnet 2.0, Partners with Uniswap appeared first on Cryptonews.

Amidst the tumult of whales and the shine of profits, Uniswap dances with the hope of a rise

Uniswap (UNI) has experienced an impressive surge, climbing nearly 20% in just 24 hours, reaching its highest price in three years. This surge has surges excitement among investors, pushing UNI closer to breaking key resistance levels that could pave the way for even greater gains.

If UNI can recover from the temporary pullback and the momentum remains bullish, the next target for price is $27.41.

Chainlink and Aave prices have done well, becoming some of the top crypto coins in the ongoing bull run. LINK is up by 250% from its August lows, while AAVE has surged by 600% from the year-to-date low.