{"id":295079,"date":"2023-03-04T20:00:07","date_gmt":"2023-03-04T14:30:07","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=295079"},"modified":"2023-03-04T14:04:46","modified_gmt":"2023-03-04T08:34:46","slug":"uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\/","title":{"rendered":"Uniswap [UNI] struggles to recover following multiple obstacles, more inside"},"content":{"rendered":"<ul>\n<li><em>Uniswap&#8217;s new mobile wallet failed to get clearance from Apple.<\/em><\/li>\n<li style=\"font-weight: 400;\"><em>Uniswap recorded a considerable drop in its trading activity since mid-February.<\/em><\/li>\n<\/ul>\n<p>Uniswap [UNI], the largest decentralized exchange (DEX), recorded a considerable fall in its trading traffic in February. Data from Token Terminal highlighted that the trading volume tanked 46% since mid-February, while trading fees almost halved in the same time period.<\/p>\n<figure id=\"attachment_295106\" aria-describedby=\"caption-attachment-295106\" style=\"width: 1023px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-2.jpg\"><img decoding=\"async\" class=\"size-full wp-image-295106\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-2.jpg\" alt=\"\" width=\"1023\" height=\"539\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-2.jpg 1023w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-2-300x158.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-2-768x405.jpg 768w\" sizes=\"(max-width: 1023px) 100vw, 1023px\" \/><\/a><figcaption id=\"caption-attachment-295106\" class=\"wp-caption-text\">Source: Token Terminal<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Realistic or not, here\u2019s\u00a0<a href=\"http:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">UNI\u2019s market cap in BTC\u2019s terms<\/a><\/p>\n<hr \/>\n<p>To make matters worse, the Uniswap community had other bad news to deal with.<\/p>\n<h3>Uniswap&#8217;s new offering faces a hurdle<\/h3>\n<p>Uniswap announced the launch of a self-custodial mobile wallet which will allow users to swap tokens between Ethereum [ETH] mainnet and other layer-2 networks like Arbitrum [ARB], Optimism [OP] and Polygon [MATIC].<\/p>\n<p>Uniswap added that the app will be available as a limited early release to 10,000 users via the TestFlight beta platform because Apple had rejected the final build of the product just before its planned December 2022 launch.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Introducing the Uniswap mobile wallet \ud83e\udd84\u2728<\/p>\n<p>A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi. <\/p>\n<p>Now available as a limited early release &#8211; through Apple TestFlight. <a href=\"https:\/\/t.co\/NmO8c0bXMs\">pic.twitter.com\/NmO8c0bXMs<\/a><\/p>\n<p>&mdash; Uniswap Labs \ud83e\udd84 (@Uniswap) <a href=\"https:\/\/twitter.com\/Uniswap\/status\/1631691330031169537?ref_src=twsrc%5Etfw\">March 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>To add to its woes, Uniswap recorded one of the biggest weekly drops in the total value locked (TVL) among the top DeFi protocols, data from <a href=\"https:\/\/defillama.com\/\" target=\"_blank\" rel=\"noopener\">DeFiLlama<\/a> revealed. The TVL failed to show a noticeable growth in February.<\/p>\n<figure id=\"attachment_295082\" aria-describedby=\"caption-attachment-295082\" style=\"width: 1077px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2.jpg\"><img decoding=\"async\" class=\"size-full wp-image-295082\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2.jpg\" alt=\"\" width=\"1077\" height=\"504\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2.jpg 1077w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2-300x140.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2-1024x479.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-2-768x359.jpg 768w\" sizes=\"(max-width: 1077px) 100vw, 1077px\" \/><\/a><figcaption id=\"caption-attachment-295082\" class=\"wp-caption-text\">Source: DeFiLlama<\/figcaption><\/figure>\n<h3>Whales show &#8216;UNI&#8217;ty<\/h3>\n<p style=\"text-align: left;\">UNI got considerable attention from big addresses. According to <a href=\"https:\/\/www.whalestats.com\/analysis-of-the-top-100-eth-wallets\/historicalMetric?metricName=mostCommonERC20Holding\" target=\"_blank\" rel=\"noopener\">Whalestats<\/a>, it was the most widely held token by top Ethereum whales at the time of writing.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/uniswap-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Uniswap&#8217;s [UNI] Price Prediction<\/a>\u00a02023-2024<\/p>\n<hr \/>\n<p>The whale accumulation, however, failed to improve the token&#8217;s long-term prospects. According to Coinglass, the number of short positions for UNI increased considerably since the start of March.<\/p>\n<p>This indicated that investors were wary of UNI&#8217;s price in the short-term. At the time of writing, it lost over 12% of its value over the previous month, data from <a href=\"https:\/\/coinmarketcap.com\/currencies\/uniswap\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a> showed.<\/p>\n<figure id=\"attachment_295083\" aria-describedby=\"caption-attachment-295083\" style=\"width: 1349px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3.jpg\"><img decoding=\"async\" class=\"size-full wp-image-295083\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3.jpg\" alt=\"\" width=\"1349\" height=\"368\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3.jpg 1349w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-300x82.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-1024x279.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Uniswap-3-768x210.jpg 768w\" sizes=\"(max-width: 1349px) 100vw, 1349px\" \/><\/a><figcaption id=\"caption-attachment-295083\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Uniswap&#8217;s new mobile wallet failed to get clearance from Apple. Uniswap recorded a considerable drop in its trading activity since mid-February. Uniswap [UNI], the largest decentralized exchange (DEX), recorded a considerable fall in its trading traffic in February. Data from Token Terminal highlighted that the trading volume tanked 46% since mid-February, while trading fees almost<a href=\"https:\/\/ambcrypto.com\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\/\">Continue reading <span class=\"sr-only\">&#8220;Uniswap [UNI] struggles to recover following multiple obstacles, more inside&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":295080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-295079","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Uniswap [UNI] struggles to recover following multiple obstacles, more inside - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Uniswap [UNI], the largest decentralized exchange (DEX), recorded a considerable fall in its trading traffic in the month of February.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uniswap [UNI] struggles to recover following multiple obstacles, more inside - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Uniswap&#039;s new mobile wallet failed to get clearance from Apple. Uniswap recorded a considerable drop in its trading activity since mid-February. Uniswap ,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-04T14:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/juliana-araujo-the-artist-l_EZkgghrg-unsplash-e1677906976782.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saman Waris\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/SamanWaris11\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saman Waris\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/\"},\"author\":{\"name\":\"Saman Waris\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/ad73a5a061fcfc27548aa27112d8b9d8\"},\"headline\":\"Uniswap [UNI] struggles to recover following multiple obstacles, more inside\",\"datePublished\":\"2023-03-04T14:30:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/juliana-araujo-the-artist-l_EZkgghrg-unsplash-e1677906976782.jpg\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/uniswap-uni-struggles-to-recover-following-multiple-obstacles-more-inside\\\/\",\"name\":\"Uniswap [UNI] struggles to recover following multiple obstacles, more inside - 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