Uniswap Maintains 24-Hour Gains, With UNI Topping The List Of Most Widely Owned Tokens Among Whales
As per CoinMarketCap, Uniswap is among the gainers in the last 24 hours. UNI also tops the most widely held token among whales as reported by WhaleStats. At the time of publication, Uniswap was exchanging hands at $19.45, up 5.16% in the last 24 hours and 7.06% in the past seven days.
According to the Crypto Fear and Greed Index, market sentiment has turned to “extreme fear” as Bitcoin breaks the $ 47,000 barrier. A handful of altcoins were also losing value at the time of publication.
Uniswap has ticked higher since the start of 2022 and remains among the top 10 purchased tokens among the top 1,000 ETH wallets tracked by WhaleStats.
On top of that, UNI remains the most widely held token, suggesting that almost all major wallets hold at least one Uniswap token.
Uniswap CEO hints at development direction for 2022
Hayden Adams, inventor of the Uniswap Protocol and CEO at Uniswap Labs, recalled in a series of tweets the achievements of Uniswap labs in the past year while forging ahead into 2022.
According to a Chinese journalist Colin Wu, “Uniswap has advanced the direction of development in 2022: to better motivate developers and encourage them to participate, and the cumulative transaction volume will exceed US $ 1 trillion in 2022.”
In December 2021, Uniswap Labs announced the deployment of Uniswap v3 contracts based on the votes that reflected a more than 99.3% approval consensus. According to data from Defi Llama, about $64.23 million in value is locked on Uniswap on Arbitrum, while nearly $36.48 million worth of tokens is locked in the Optimism version.
