📈 Uniswap L2 Transaction Volume Hits Historic $250B
The transaction volume on Uniswap's Layer-2 (L2) decentralized exchange and automated market maker has surged to a record $250 billion, a significant increase from around $70 billion a year ago. Data from Dune Analytics confirms Uniswap L2's all-time high volume across platforms like Arbitrum, Polygon, Optimism, and Base, surpassing previous records.

🎯 Protocol's Optimism for $1 Trillion Volume
Uniswap is optimistic about reaching $1 trillion in trading volume, with rapid growth seen recently. By December last year, volume was under $200 billion, but by February it soared to $208.11 billion, marking a 280% year-over-year increase. Another $40+ billion was added within a month, a major milestone for Uniswap L2.

📉 UNI Price Impact and Market Sentiment
Despite the record transaction volume, Uniswap's native token UNI has not seen a positive price impact. Currently trading at $7.08, down by 5.32%, UNI has experienced a significant decline from its peak at $13.08 in February. Whale activities, including a recent $20 million UNI dump following regulatory concerns, have contributed to the bearish sentiment around UNI. However, the surge in transaction volume could potentially drive a positive movement in UNI price soon. 🚀