Yes, Uniswap [UNI] was king in 2022, but at what cost?

This year, the cryptocurrency market saw a significant decrease in value, losing over $1.4 trillion. This decline was due to various issues faced by the industry, including failed projects and a lack of liquidity. The industry faced several challenges, with a number of prominent players within the ecosystem filing for bankruptcy, including BlockFi, Celsius, Voyager, … Read more

Uniswap V3 was the most used Ethereum contract in 2022

Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas used throughout the year. According to data from Dune Analytics, Uniswap V3 used up over 2.8 million gas in 2022. This is more than three times higher than the amount of gas consumed in Uniswap V2, … Read more

Votes are in: over 7 million Uniswap holders in favor of Polygon’s deployment proposal

The votes are in and the Uniswap community has spoken. Interestingly, almost 100% of the votes on a proposal to deploy Uniswap on Polygon were in favor of the integration. Thus, clearly highlighting the explosive popularity that layer-2 protocols have been receiving of late. Almost a week ago, Polygon developers had put forward a proposal … Read more

Polygon proposes UNI integration, ready to allocate “significant amount of capital”

Increasing adoption along with a burst in DeFi activity has led to cryptocurrency transactions being at an all-time high. This has inadvertently resulted in the congestion of the most popular network, Ethereum. This has in turn led to the rise of layer-2 scalability solutions such as Polygon that offer lower transaction time and cost. Naturally, … Read more

A quick reference-guide on how to choose between Ethereum, Binance Smart Chain

In the DeFi race, there have been many developments including Ethereum‘s domination, Cardano‘s launch, Solana‘s unprecedented rise, and many other appearances in this space. But the one blockchain that has been truly a competition to Ethereum’s domination is Binance Smart Chain (BSC). And looking at the top projects on both the chains, it looks like … Read more

Uniswap, SushiSwap, Balancer, Curve: Low DEX volumes have this impact on investors

After witnessing a consolidation phase that prolonged for more than three months, the crypto market seemed to be getting back on track during the initial few days of September. However, the unanticipated flash crash that took place on the 7th managed to, yet again, change the narrative. The broader crypto market, at the time of … Read more

Ethereum, Stellar, Uniswap Price Analysis: 04 September

Ethereum recorded an upward movement of 3% while eyeing its multi-month high of $4033.17. Stellar also displayed similar movements, after logging gains of 3.4% and attempting to topple over the $0.381 price ceiling. Conversely, Uniswap was amongst the altcoins that recorded a loss. The coin dipped by 3.6% while moving towards the support line of … Read more

Did Ethereum’s breach of $2,400 have ANY impact on Cardano, Uniswap

Ethereum confirmed a strong bullish signal yesterday after it closed a daily candle above $2,400. In fact, the crypto-asset crossed above its psychological resistance for the first time since 14 June. Historically, when this has happened, Ether has triggered minor altcoin rallies too. We analyzed some of the top correlated assets with Ethereum to understand … Read more

A DeFi-Ethereum season is unlikely to happen unless…

The beginning of the 3rd quarter hasn’t been smooth sailing for the crypto-industry. With Bitcoin dropping below $30,000 and Ethereum briefly touching $1700 again, despite recent recoveries, bearish pressure has continued to creep up. Now, when we begin to incorporate all the bullish and bearish indicators, we have to understand that multiple factors currently cater … Read more