• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Uniswap Significant Development, Launched Feature to Increase DeFi Volumes
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Uniswap Significant Development, Launched Feature to Increase DeFi Volumes
Altcoin News

Uniswap Significant Development, Launched Feature to Increase DeFi Volumes

vitalclick
Last updated: October 23, 2024 8:10 pm
3 months ago
Share
SHARE

DeFi most transactions cryptocurrency It is extremely complex and troublesome for investors. However, another important step was taken to facilitate this. The latest move, which will increase the number of users in the DeFi field and increase the token and TVL figures, also tells us where this field is heading.

Uniswap Bridging FeatureUNI Coin Review

Uniswap Bridging Feature

The new feature, supported by the Across protocol, was deployed in 9 different networks. Thanks to the unauthorized bridging feature, carrying cryptocurrencies one by one on bridges in different networks will become a thing of the past. Instead, bridging processes will run in the background with the new feature. Uniswap gave the good news in its announcement today.

“Moving assets between networks was difficult. “It required using external bridges, dealing with unfamiliar interfaces, and waiting for long processing times.”

Now these troubles are eliminated. Thanks to permissionless bridging, users will be able to manage their assets across multiple networks. Amid the ongoing decline in the protocol’s DeFi transaction volume, decentralized finance has been added to the protocol, making it an attractive ability for users to choose it. So which networks will be supported?

  • Ethereum $2,578
  • base
  • Arbitrum
  • polygon
  • OP Mainnet
  • Zora
  • blast
  • worldchain
  • ZKsync

In the statement made by the company, it was stated that this is the most requested feature by users. Unlike other bridges, Across is a permissionless bridge that operates through a decentralized liquidity pools and relayer network, Uniswap also benefits from this infrastructure.

UNI Coin Review

DeFi The altcoin is at $7.57 at the time of writing. Although the latest news will have positive consequences on the price in the medium and long term, it is due to the BTC price making a new bottom at $ 66,800. UNI Coin also experienced a decrease. UNI Coin, which currently maintains support at $7.25, may return to $8.64 with the improvement in market sentiment.

In closings above resistance, the target will be double-digit prices again. Uniswap, one of the largest protocols in the DeFi field, experienced serious fluctuations after the lawsuit filed by the SEC this year. Before ETH ETF approval SEC It launched a war against the Ethereum ecosystem as a whole, and Uniswap, one of the largest DeFi protocols on the network, also received its share of this anger.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

The Button Has Been Pressed for a Supply Increase in This Altcoin! Binance Warned Its Users!

If the Market Prices This, Altcoins Cannot Stand Still! Finally the date has been given!

Is a Big Drop Coming in Cardano? Shocking ADA Warning from Analyst Benjamin Cowen!

Countdown Continues for Ethereum ETF Funds: Here Are the Details

Chiliz (CHZ) 2025 Predictions, Pay Attention to These Dates

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article BNB Flashes Sell Signal, Eyes on $525 Level
Next Article Hot Development: October 23 Cryptocurrency Fall and Its Reasons
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?