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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.


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.

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.

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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