search
Homeweb3.0Here's the Key Reason Why Uniswap (UNI) Surged 7% This Past Week

Here's the Key Reason Why Uniswap (UNI) Surged 7% This Past Week

Oct 26, 2024 am 09:58 AM
uniswap Cryptocurrency Surge

Uniswap (CRYPTO: UNI) that allow investors and traders to buy and sell cryptocurrencies on a decentralized exchange.

Here's the Key Reason Why Uniswap (UNI) Surged 7% This Past Week

Uniswap (CRYPTO: UNI) investors and traders can now move their assets between several popular blockchains thanks to a new capability on the decentralized exchange.

The addition of cross-chain bridging to Uniswap will make it easier for users to shift their crypto holdings between different networks, opening up new possibilities for traders and investors. Here's a closer look at the latest development and what it could mean for UNI.

What Happened: Several new capabilities were introduced by Uniswap on Friday, including cross-chain bridging. This capability will allow users to shift their assets between several popular blockchains.

At the launch of the new capability, only stablecoins and the native tokens of the connected networks will be available for bridging.

This capability is expected to be expanded over time to include additional tokens and networks.

Uniswap is now directly connected with several networks, including Ethereum (CRYPTO: ETH), Polygon (CRYPTO: MATIC), Arbitrum (CRYPTO: ARB), and Base.

This direct connection will enable users to bridge their assets between these networks quickly and easily.

"This is a major step forward for Uniswap and the broader crypto community," said a statement from Uniswap. "With the addition of cross-chain bridging, users can now move their assets between several of the most popular blockchains in a decentralized and efficient manner."

The launch of cross-chain bridging on Uniswap is a highly anticipated development that will significantly benefit the platform's users.

This capability will make it easier for users to shift their assets between different blockchains, opening up new possibilities for traders and investors.

"We believe this new capability will drive further adoption of Uniswap and the decentralized finance (DeFi) ecosystem," the statement added.

UNI Price Action: At the time of publication, UNI was trading at $6.34, up 7% over the past seven days.

The above is the detailed content of Here's the Key Reason Why Uniswap (UNI) Surged 7% This Past Week. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Tutorial on how to set gate.io to Chinese gate.io to set ChineseTutorial on how to set gate.io to Chinese gate.io to set ChineseApr 22, 2025 am 09:12 AM

Gate.io can be set as the Chinese interface through the following steps: 1. APP: Log in, enter the Personal Center, find "Settings", select "Language", select "Simplified Chinese" or "Traditional Chinese", confirm, restart. 2. Web version: Visit the official website, log in, find the language selection button, select "Simplified Chinese" or "Traditional Chinese", refresh the page, and improve the transaction experience.

How to register for Ouyi account Ouyi registration full tutorialHow to register for Ouyi account Ouyi registration full tutorialApr 22, 2025 am 09:09 AM

The steps to register an Ouyi account are as follows: 1. Prepare a valid email or mobile phone number and a stable network; 2. Visit Ouyi official website; 3. Enter the registration page; 4. Select the registration method and fill in the information; 5. Obtain and fill in the verification code; 6. Agree to the user agreement; 7. Complete registration and log in, carry out KYC and set security measures.

How to register a Binance account Binance registration tutorialHow to register a Binance account Binance registration tutorialApr 22, 2025 am 09:06 AM

The steps to register a Binance account include: 1. Prepare a valid email or mobile phone number and a stable network; 2. Visit Binance official website; 3. Enter the registration page; 4. Select the registration method; 5. Fill in the registration information; 6. Agree to the user agreement; 7. Complete verification; 8. Obtain and fill in the verification code; 9. Complete registration. After registering, it is recommended to log in to your account, conduct KYC verification, and set up security measures.

How to register a Sesame Open Account Sesame Open Account Full Tutorial for Registration for NoviceHow to register a Sesame Open Account Sesame Open Account Full Tutorial for Registration for NoviceApr 22, 2025 am 09:03 AM

To register a Sesame Door account, you need to prepare a valid email or mobile phone number and a stable network. The steps include: 1. Visit the official website, 2. Enter the registration page, 3. Select the registration method, 4. Fill in the registration information, 5. Get and fill in the verification code, 6. Agree to the user agreement, 7. Complete the registration. After successful registration, you need to log in to your account, perform KYC identity verification, and set security measures.

A must-see for beginners! Ten common exchange usage tutorialsA must-see for beginners! Ten common exchange usage tutorialsApr 22, 2025 am 09:00 AM

The principles of choosing a cryptocurrency exchange include: 1. Security, 2. Compliance, 3. User experience, 4. Transaction fees, 5. Currency selection, 6. Liquidity. Tutorials include: 1. Register an account, 2. Identity authentication (KYC), 3. Security settings, 4. Recharge, 5. Spot transactions, 6. Withdrawal.

Can two exchanges convert coins to each other? Can two exchanges convert coins to each other?Can two exchanges convert coins to each other? Can two exchanges convert coins to each other?Apr 22, 2025 am 08:57 AM

Can. The two exchanges can transfer coins to each other as long as they support the same currency and network. The steps include: 1. Obtain the collection address, 2. Initiate a withdrawal request, 3. Wait for confirmation. Notes: 1. Select the correct transfer network, 2. Check the address carefully, 3. Understand the handling fee, 4. Pay attention to the account time, 5. Confirm that the exchange supports this currency, 6. Pay attention to the minimum withdrawal amount.

Review of the most complete historical price since the birth of Bitcoin (2025 edition)Review of the most complete historical price since the birth of Bitcoin (2025 edition)Apr 22, 2025 am 08:54 AM

Since its birth in 2009, Bitcoin’s price has experienced many fluctuations. 1. 2009-2010: From worthless to $0.3. 2. 2011-2013: From $1 to $1,000. 3. 2014-2017: From $200 to nearly $20,000. 4. 2018-2021: From bear market to highs of $64,000. 5. 2022-2024: From falling below $20,000 to the rise after the ETF is approved.

Who is the best digital currency exchange in the worldWho is the best digital currency exchange in the worldApr 22, 2025 am 08:51 AM

There is no "best" digital currency exchange, only the "most suitable" ones because everyone has different needs. 1. Newbies should choose simple and easy-to-understand exchanges, such as Coinbase. 2. Users who focus on security should choose Coinbase or Kraken. 3. Users who pursue rich trading options should choose Binance or Ouyi. 4. Users who like to trade derivatives should choose Bybit or Ouyi. 5. Users interested in new coins should choose Sesame to open the door.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool

WebStorm Mac version

WebStorm Mac version

Useful JavaScript development tools