Uniswap outperforms Coinbase in spot volumes, Maple Finance returns to Solana, Borroe attracts investor interest
Uniswap’s (UNI) spot volume has been rising since early 2023. It exceeded Coinbase’s at some point, highlighting the platform’s increasing popularity. Elsewhere, Solana (SOL) appears to be recovering after Maple Finance resumed operations on its network. Meanwhile, Borroe (ROE) early presale investors are already in green.
Uniswap spot volume rising
• Uniswap is popular and is among several projects that are setting the pace in decentralized finance (defi).
• UNI prices have been under pressure, especially in the second half of August 2023. Since Aug. 17, prices are down by over 27%.
• Even so, the platform’s spot volume exceeded Coinbase’s at some point, suggesting that many investors prefer the decentralized exchange (DEX).
In an Aug. 25 report by Bitwise, Uniswap processed around $110 billion in trades in Q2 2023 compared to Coinbase’s $90 billion.
Despite recent losses, analysts believe UNI prices could recover in the months ahead, powering toward $5.75 by the end of the year.
Read More: https://crypto.news/uniswap-outperforms-coinbase-in-spot-volumes-maple-finance-returns-to-solana-borroe-attracts-investor-interest/
Uniswap’s (UNI) spot volume has been rising since early 2023. It exceeded Coinbase’s at some point, highlighting the platform’s increasing popularity. Elsewhere, Solana (SOL) appears to be recovering after Maple Finance resumed operations on its network. Meanwhile, Borroe (ROE) early presale investors are already in green.
Uniswap spot volume rising
• Uniswap is popular and is among several projects that are setting the pace in decentralized finance (defi).
• UNI prices have been under pressure, especially in the second half of August 2023. Since Aug. 17, prices are down by over 27%.
• Even so, the platform’s spot volume exceeded Coinbase’s at some point, suggesting that many investors prefer the decentralized exchange (DEX).
In an Aug. 25 report by Bitwise, Uniswap processed around $110 billion in trades in Q2 2023 compared to Coinbase’s $90 billion.
Despite recent losses, analysts believe UNI prices could recover in the months ahead, powering toward $5.75 by the end of the year.
Read More: https://crypto.news/uniswap-outperforms-coinbase-in-spot-volumes-maple-finance-returns-to-solana-borroe-attracts-investor-interest/
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