Analyzing Why Uniswap’s Network Growth Hit a 4-Year High Despite UNI’s 5.4% Drop

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Uniswap registered 2,295 new UNI-related wallets in a single day, marking its strongest daily network growth since November 2022. This increase was notably linked to the launch of pool aggregators on Ethereum, Base, and Robinhood Chain, which allow v4 pools to access external liquidity and expand trading routes. At the same time, an over-the-counter-linked wallet deposited 180,000 UNI, worth around $1.25 million, on Binance, fueling concerns about selling pressure. UNI was trading at $6.80 after falling 5.4% over 24 hours, but it remained up 20.5% year to date, with 30-day trading volume of $75.7 billion and total value locked of $7.2 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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