Uniswap Soars 17% As Bitcoin Retakes $100k, Unichain Growth Accelerates

The cryptocurrency market experienced a significant surge on May 8th, propelling the decentralized exchange Uniswap (UNI) to new heights. The platform’s native token surged by over 17% to reach its highest level in two weeks, fueled by Bitcoin’s (BTC) return to $100,000 and a notable increase in trading volume. Analysts suggest that this upward trend could be temporary and potentially hampered by market volatility.