Ethereum

Token

Uniswap

Ethereum Name Service

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/uniswaps-native-token-uni-surges-with-recent-upgrade-announcement/" data-wpel-link="internal">Uniswap’s Native Token UNI Surges with Recent Upgrade Announcement</a> 
The world’s leading decentralized cryptocurrency exchange (<a href="https://coin-turk.com/secin-hedefi-simdi-de-dexler-mi-50-milyon-dolari-astiysaniz-sec-kapinizi-calabilir" data-wpel-link="internal">DEX</a>) Uniswap‘s native asset UNI has seen an approximate 10% increase in the last 24 hours, joining the broader market rally. At the time of writing this article, UNI is trading at $7.63 with a market value of $4.54 billion. The recent price increase in the altcoin, accompanied by strong trading volume, has pushed UNI’s weekly gain over 15%. In the last 7 days, UNI’s trading volume has shown a significant increase of 62%. 
<h2 style="text-align: justify" id="strong-uni-s-price-rises-with-uniswap-v4-upgrade-strong">UNI’s Price Rises with “Uniswap v4 Upgrade”</h2> 
The increase in UNI’s price is a result of the Uniswap Foundation’s recent announcement of the Uniswap v4 upgrade. Set to be implemented in the 3rd quarter of this year, Uniswap v4 introduces the concept of “hooks,” which offer a solution to the flexibility associated with traditional smart contracts. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-315475" src="https://coin-turk.com/wp-content/uploads/2024/02/Uniswap-UNI-Altcoin.jpeg" alt="" width="1280" height="720"> 
Hooks facilitate dynamic adjustments by allowing developers to add specific logic at certain points, enabling various use cases. 
The implementation of hooks potentially lowers transaction fees while promising access to innovative features such as advanced asset management strategies and instant swaps for users. Additionally, <a href="https://en.coin-turk.com/ethereum-price-fears-triggered-by-recent-market-trends/" data-wpel-link="internal">Ethereum</a>‘s planned Dencun update in March 2024 will enable various Ethereum Improvement Proposals (EIPs) crucial for Uniswap v4, including EIP 4788, EIP-1153, and EIP-4844. 
<h2 style="text-align: justify" id="strong-uniswap-creator-issues-fraud-warning-strong">Uniswap Creator Issues Fraud Warning</h2> 
Amidst these positive developments, Uniswap’s creator Hayden Adams recently issued a warning message about a scam involving wallet addresses that mimic Ethereum Name Service (ENS) domain names. Adams alerted users to fraudsters copying and registering wallet addresses as .eth extension ENS wallets to commit fraud. 
The creator of Uniswap advised users to stay vigilant and carefully verify wallet addresses to avoid falling victim to such scams. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/uniswaps-native-token-uni-surges-with-recent-upgrade-announcement/" data-wpel-link="internal">Uniswap’s Native Token UNI Surges with Recent Upgrade Announcement</a></h5>

Uniswap’s Native Token UNI Surges with Recent Upgrade Announcement

Table of Contents

COINTURK NEWS

Other articles published on Feb 16, 2024

Bitcoin Hits $52,000 High: Are These Giant Sell-Offs About To Crash The Crypto Party?

Cardano’s Price Soars as Market Analyst Projects Major Growth

The Man Who Sold $15M Worth of Shiba Inu (SHIB) Last Week has Just Made a Purchase in Retik Finan...

Glassnode Analysis: 87% of BTC Acquired Below $48k Benchmark

Ethereum Sees Significant Double-Digit Gains

Coinbase CLO Paul Grewal urges WSJ correction amid Hamas crypto clarification

Join our free newsletter for daily crypto updates!