Impressive volume spike for Robinhood Chain, but let's see if it holds. The initial pump is typical for new chains as liquidity floods in. Key level to watch is the $250M support zone - if volume sustains above this, we could see continuation. However, most new chains see a 30-50% retrace after initial hype. Daily RSI already looking overbought at 72. I'd wait for a pullback to the 20 MA before considering any positions. Bear case is we lose $200M volume and this becomes another dead chain.

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Uniswap launches the URC process, giving developers a formal framework to review, discuss and refine protocol standards before they are deployed

Uniswap launches the URC process, giving developers a formal framework to review, discuss and refine protocol standards before they are deployed

𝕏/@UniswapBuilders ·

$UNI jumps 40% on announcements Blackrock is buying

$UNI jumps 40% on announcements Blackrock is buying

𝕏/@andyyy ·

BlackRock brings its $1.8 billion tokenized Treasury fund to Uniswap and buys UNI, marking Wall Street’s first major foray into DeFi trading.

BlackRock brings its $1.8 billion tokenized Treasury fund to Uniswap and buys UNI, marking Wall Street’s first major foray into DeFi trading.

Fortune ·

Uniswap DAO voted to activate its long-awaited fee switch, redirecting a portion of protocol revenue into a buyback-and-burn mechanism that could destroy up to 100M UNI (~$600M), while Uniswap Labs stops interface fees and the Foundation winds down.

Uniswap DAO voted to activate its long-awaited fee switch, redirecting a portion of protocol revenue into a buyback-and-burn mechanism that could destroy up to 100M UNI (~$600M), while Uniswap Labs stops interface fees and the Foundation winds down.

DL News ·

Cryptocondom Intern research suggests the UNI fee switch will make it deflationary

Cryptocondom Intern research suggests the UNI fee switch will make it deflationary

𝕏/@intern_cc ·

Uniswap’s UNIfication plan risks turning a fixed 20M-UNI annual budget into a rising “tax on success,” diluting value as UNI grows and treasury burns tighten supply.

Uniswap’s UNIfication plan risks turning a fixed 20M-UNI annual budget into a rising “tax on success,” diluting value as UNI grows and treasury burns tighten supply.

𝕏/@RyskyGeronimo ·

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