Uniswap token has extended its recovery over the past month, with technical indicators pointing to improving momentum as fresh ecosystem developments continue to attract attention. The token was trading around $3.38 at the time of writing after gaining 3.3% over the previous 24 hours, while its weekly and monthly gains stood at 16.4% and 34.1%. The latest rally comes as trading activity on Uniswap expands beyond Ethereum. Robinhood Chain, the blockchain unveiled by Robinhood Markets, has emerged as one of the busiest networks for Uniswap trading, providing another catalyst for the decentralised exchange ecosystem.
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