Will Polygon’s collaboration with Uniswap help UNI reach the moon?
Polygon succeeds in bringing new approach to DeFi through partnership with Uniswap.
As DEX Uniswap becomes more efficient because to Polygon, one of the greatest problems in this sector has been addressed. As noted by Layer 2’s development team, Polygon’s low fees have contributed to the arrival of more services on Uniswap and even attracted more traders to the DeFi platform.
Uniswap generated this week record fees and outperforms competitors. The network shows strong financial performance with more user activity. This surge in activity could change the trajectory of UNI price in the coming future and may rise as high as $13.69 as Coinpedia.
Despite the decline in some key metrics, it seemed that investors were still bullish on the future of Uniswap and the UNI token.