The UNI governance token has become the first decentralized financing token to be ranked among the top ten digital assets by market value.
The original token of the leading decentralized exchange UniSAP rose nearly 50% this week, making UNI the eighth largest digital asset with a market value of $ 17.7 billion as speculation grows. To fix the upcoming version 3 of the Stock Exchange.
Masai currently ranks UNI as the second largest Ethereum-based asset by market value behind Tether, beating Chainlink by nearly 50% of its value. Logistical. P>
UNI broke into the top ten on March 5th, becoming the first token for the implementation of decentralized financing. Within 24 hours, UNI's market value increased from $ 8.8 billion on March 4 to $ 14.7 billion, according to Coin Market Cap historical footage.
The UNI price is currently consolidating near its Sunday high above $ 34, with the last recorded trade of the token at $ 33.9.
The entry of UNI to the top ten cryptocurrencies comes after a record month of trading volume on the stock exchange, as February hosted four consecutive records for weekly uni-swap trading - and peaked At an all-time high of $ 31.9 billion monthly in volume.
The UNI increase also comes amid mounting speculation that the upgrade for UniSwap version 3 may not be too far, with YEARN Finance developer Andre Krongy on March 4 predicting the increase The latest in social media activity from the main UniSwap developer, Hayden Adams, may indicate that a new release is coming soon.
Chronje's post came after Adams created a poll on Twitter asking his followers where they were looking to read ads related to UNICEF version 3 details. In response to Crowe's tweet, Adams posted: Please delete, which increases doubts that UniSwap has an important announcement on the horizon.