Crypto Market Sees Mixed Moves as Uniswap and Injective Surge
The crypto market saw significant movements today, with some coins experiencing notable gains and others facing losses. The total crypto market cap is near $2.18 trillion, up 0.17% from yesterday.
Uniswap (UNI) was one of the top gainers, rising 4.24% to $3.97. This increase can be attributed to two recent developments: its Robinhood Chain hitting $10 billion in volume and the launch of a new tool called Permissioned Pools, which helps big firms trade safely on Uniswap v4.
Injective (INJ) also experienced a significant surge, climbing 5.8% to $4.76. This increase is likely due to two major Korean firms, POSCO and LG CNS, choosing its network for testing trade payments on-chain.
Pi Network (PI) gained 3.51% to $0.0818, possibly due to the Core Team's plan for a PI network upgrade by August 11. Node owners must upgrade or lose their link to the network.