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HomeCrypto NewsMarketExpected V3 Update Made UNI To Become The First Defi Coin In Top 10 Cryptocurrencies

Expected V3 Update Made UNI To Become The First Defi Coin In Top 10 Cryptocurrencies

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Uniswap (UNI) price increased to $35.75 on March 7, making All-Time-High (ATH). The Uniswap community is waiting for V3 update, whose details have not yet been released.

Uniswap, which has implemented V2 after the first release, may experience one more update. This news has helped UNI to achieve new All-Time-High.


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Latest UNI price

UniSwap (UNI) gained 58 percent on the monthly chart and 52 percent on the weekly chart. According to CoinGecko data, the lowest and highest levels UNI saw during the week were $22.58 and $34.75, respectively.

UNI managed to rise to 8th place among Top 10 cryptocurrencies with its market value of $17 billion and positioned below XRP. The daily transaction volume of UNI is around 1.8 billion dollars.

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The community is waiting for the details of the update

The Uniswap team has not yet provided complete details regarding the v3 update. Hayden Adams made a statement on Twitter regarding Uniswap V3:

 

Founded in 2018, Uniswap became the first decentralized exchange (DEX) to achieve a trade volume of more than $100 billion last month. The Defi exchange recorded a volume of $32 billion throughout February, 2021. Adams said that many things could change in the cryptocurrency industry in 2021.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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