Uniswap has reached its top 10 digital currencies in the market and is one step ahead of Ripple, breaking its historical peak. This digital currency is the first decentralized currency in the list.
to the the report Uni, the indigenous digital currency of UNICAP, becomes the first active decentralized finance token (DeFi) to be included in the list of the top 10 digital currencies in terms of market value. The price of ion swaps has risen more than 52% in less than a week.
With Uniswap market value exceeding $ 16.6 billion, this digital currency is now significantly higher than Litecoin. The current market value of LightQueen is $ 12.5 billion.
The multi-billion dollar market value of this defense token is far from XRP, Ripple’s digital currency. The growth of XRP has been stalled for some time due to legal issues with the US Securities and Exchange Commission (SEC).
Uniswap joins the top 10 currencies in the market, breaking its previous historical high of $ 33 on February 21 (March 3).
According to CoinGecko, Uniswap is currently the largest decentralized exchange. The Pancake Swap exchange, which uses the Smart China Bainance network, is also close to it and in second place.
It is expected that in the third version of Uniswap, the performance of this exchange will improve. Not much information has been released about the new version yet, but in general it is expected that the problem of high costs of Ethereum network will be solved using the second layer scaling method.