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Why Uniswap Price Is Up 17% Today?

source-logo  coingape.com 10 October 2024 14:30, UTC

The Uniswap price surged 17% on Thursday on the back of Uniswap Labs’ recent announcement of its new Ethereum layer-2 network. This development is set to increase the decentralized exchange’s native token UNI’s utility. Uniswap mentioned that the network will go live on the testnet today, with the mainnet expected to come sometime later this year.

coingape.com