Any idea with Uniswap is stagnant with this ALT coin season?
Uniswap’s token has plunged over 72% from its yearly high, raising alarms. But while UNI struggles, its Layer-2 network, Unichain, is quietly stealing the spotlight with impressive growth and adoption.
- UNI price dropped to $5.26, its lowest since August 5 — a 72% decline from this year’s peak.
- The fall is linked to broad market sell-offs and rising competition from Raydium, Orca, and PancakeSwap.
- In 30 days, Uniswap processed $48B in volume, outpacing PancakeSwap ($33.6B), Raydium ($11.3B), and Orca ($13B).
- Unichain, Uniswap’s Layer-2, is gaining traction with $301M in 30-day volume and $329M in 7 days.
- Unichain has outperformed major chains like Core, Algorand, Injective, and Stacks in recent weeks.
- Designed for DEXs, Unichain offers cheap execution, cross-chain liquidity, and instant transactions.
While Uniswap's token faces pressure, Unichain’s rapid rise may be its saving grace. With strong fundamentals, it could reignite investor confidence and set the stage for UNI’s big comeback.
https://coinpedia.org/price-prediction/uniswap-uni-price-prediction/