Crypto prices and news of Uniswap (UNI), Polygon (MATIC) and Aptos (APT)

Uniswap (UNI), Polygon (MATIC), and Aptos (APT) are not just acronyms in the crypto lexicon: they represent the cutting edge of transformative technologies, the rise of decentralized finance, and the steady flow of market forces in the crypto world. 

Join us to learn the news and price trends of these projects, exploring the narratives that propel these crypto forward and discovering the underlying dynamics that make them more than just pieces of code: they are the embodiment of a new era of finance.

Uniswap (UNI), Polygon (MATIC) and Aptos (APT) crypto market prices and statistics

Uniswap (UNI) stands out with a 1.88% price increase over the past 7 days. Currently valued at $6.23 per UNI, this token takes center stage. 

With a market capitalization of $3.6 billion, it reflects not only its value but also investors’ confidence in this decentralized exchange platform. UNI’s dynamism is also manifested in the trading volume of the past 24 hours, recording $105.4 million. 

With 577.5 million UNI in circulation, Uniswap continues to prove its relevance in decentralized finance. 

Despite its all-time high of $44.97, Uniswap is in a moment of transition, where data and trends are intertwined to paint a picture of its future in the changing cryptocurrency environment.

As for Polygon (MATIC), the crypto has seen a 1.27% price increase over the past seven days. 

Currently listed at US$0.69 per MATIC, this token is catching the attention of observers. With a market capitalization of $6.4 billion, Polygon proves to be a relevant player in the decentralized finance landscape. 

The last 24 hours’ trading volume of €258 million testifies to the interest and activity around this token. With 9.3 billion MATIC in circulation, Polygon not only represents a liquid asset but also underscores its importance in the ecosystem. 

With an average holding time of 94 days and a popularity that ranks it ninth, Polygon is gaining ground and establishing a solid base in the cryptocurrency arena.

Aptos (APT) is emerging as a force to be reckoned with in the cryptocurrency arena, with a remarkable 6.16% price increase in the last seven-day period. 

This momentum has strengthened even more in the last 24 hours, with a further increase of 8.11%. Currently valued at $7.29 per APT, this token demonstrates increasing attractiveness to investors. 

The $1.6 billion market capitalization underscores the strength of its presence in the cryptocurrency ecosystem. 

With a trading volume of $756.7 million in the last 24 hours, Aptos attracts attention and activity. 

With 220.0 million APT in circulation, the token shows significant size and liquid availability. 

In addition, with an average holding time of 13 days and a popularity that places it in 25th place, Aptos is showing that it is gaining interest and support in the cryptocurrency community, paving the way for further developments and challenges in the near future.

UNI is using the Layer-2 Foundation supported by Coinbase

The leading decentralized exchange (DEX), has been integrated into Base, a new Ethereum layer-2 solution brought on by the major US cryptocurrency giant, Coinbase. 

This initiative is powered by Optimism (OP), a blockchain scaling solution, with Base’s testnet initially unveiled in February this year.

Leveraging Uniswap’s web interface, users now have the ability to swap and contribute liquidity directly on the Base blockchain, as announced by Uniswap Labs.

The integration aligns with the long aired need for a decentralized exchange (DEX) on the Base platform, marking a milestone in the relationship between these two entities.

CoinGecko‘s data underscore Uniswap’s position as the largest and most liquid DEX globally, with a trading volume of as much as $453 million in the past 24 hours and a broad offering of more than 1,700 tradable cryptocurrencies. Notably, Uniswap’s incorporation of Base marks its eighth supported chain.

Designed by Coinbase developers, Base operates with interoperability as its guiding principle, enabling seamless interactions with Ethereum, layer 2 scaling solutions such as Optimism, and alternative layer 1 protocols such as Solana (SOL).

As a tribute to the pioneering developers of Base, a unique non-fungible token (NFT) called “Genesis Builder NFT” was introduced. 

To acquire this unique token, builders must launch a decentralized application (DApp) on Base and successfully complete an on-chain application, commemorating their contribution to the early stages of platform development.

Coinbase reiterated its commitment not to introduce a new network coin, emphasizing its dedication to fostering innovation and progress within the existing cryptocurrency ecosystem. 

This convergence of Uniswap and Base not only marks a key step forward in the realm of decentralized finance, but also highlights the collaborative spirit and dynamic evolution that drives the cryptocurrency landscape.

Polygon zkEVM reaches all-time high in daily transactions

The Polygon zkEVM network achieved an impressive milestone, reaching an all-time high in daily transactions on 4 August, with a remarkable tally of 122,000 transactions. 

This achievement comes after the previous peak recorded on 31 July, when transactions had reached 115,000. Notably, this surge in activity is not limited to transactions alone.

According to data provided by Artemis, zkEVM’s daily active addresses also experienced an upward trajectory after a small decline, reflecting the strong usage and adoption of this roll-up solution.

Underlying this growth are several factors, including the recently launched Polygon 2.0 zkEVM Saga campaign, which likely contributed to the surge. 

An equally significant element is zkEVM’s consistently low gas price, which fosters an environment conducive to increased usage. 

As daily transaction volume has increased, the roll-up’s gas consumption has also increased, further accentuating its robust performance.

To increase the roll-up’s momentum, Polygon revealed that its development team is actively working on a new mainnet update for zkEVM. 

In preparation for this update, the Polygon 2.0 zkEVM Saga campaign has been temporarily suspended. This move reflects a commitment to maintain the roll-up’s efficiency and effectiveness while enhancing its capabilities for future scalability and innovation.

However, against the backdrop of zkEVM’s achievements, the broader context of the MATIC token presents a different picture. The value of MATIC has declined by nearly 4% and some metrics indicate bearish sentiment. 

This divergence underscores the complexity of the cryptocurrency landscape, where specific elements within a network can thrive even in the face of challenges affecting the broader ecosystem. 

As Polygon’s zkEVM continues to set new records and explore improvements, the upcoming mainnet upgrade has the potential to serve as a catalyst for sustained growth, pushing the ecosystem into a new phase of adoption and innovation.