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Bitcoin Bitcoin (BTC) $118,469.22 ↓ -0.13%
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XRP XRP (XRP) $3.19 ↑ 0.58%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.01%
BNB BNB (BNB) $777.81 ↑ 0.59%
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Hyperliquid Hyperliquid (HYPE) $42.65 ↓ -3.06%
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Sui Sui (SUI) $3.77 ↑ 1.88%
Chainlink Chainlink (LINK) $18.17 ↓ -0.22%
Hedera Hedera (HBAR) $0.24 ↓ -1.67%
Bitcoin Cash Bitcoin Cash (BCH) $514.50 ↑ 0.48%
Avalanche Avalanche (AVAX) $23.98 ↓ -0.20%
Litecoin Litecoin (LTC) $113.36 ↑ 1.08%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.07%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.60%
Toncoin Toncoin (TON) $3.15 ↓ -1.16%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.02%
Polkadot Polkadot (DOT) $4.04 ↓ -2.29%
Uniswap Uniswap (UNI) $10.28 ↑ 1.35%
Monero Monero (XMR) $325.86 ↑ 4.96%
Bitget Token Bitget Token (BGB) $4.61 ↓ -1.87%
Dai Dai (DAI) $1.00 ↑ 0.01%
Pepe Pepe (PEPE) $0.00 ↓ -0.22%
Aave Aave (AAVE) $290.31 ↓ -0.13%
Cronos Cronos (CRO) $0.13 ↑ 4.78%
Bittensor Bittensor (TAO) $423.84 ↓ -0.14%
Ethereum Classic Ethereum Classic (ETC) $22.59 ↑ 0.16%
Pi Pi (PI) $0.45 ↓ -0.99%
NEAR Protocol NEAR Protocol (NEAR) $2.76 ↑ 0.18%
Ondo Ondo (ONDO) $1.04 ↑ 0.34%
Aptos Aptos (APT) $4.70 ↓ -2.84%
Ethena Ethena (ENA) $0.48 ↑ 4.17%
Internet Computer Internet Computer (ICP) $5.57 ↓ -0.62%
OKB OKB (OKB) $48.23 ↓ -0.27%
Bonk Bonk (BONK) $0.00 ↓ -0.91%
Kaspa Kaspa (KAS) $0.10 ↓ -3.47%
Mantle Mantle (MNT) $0.75 ↓ -5.25%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 0.78%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -7.95%
Algorand Algorand (ALGO) $0.26 ↓ -1.14%
Arbitrum Arbitrum (ARB) $0.44 ↑ 0.56%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
GateToken GateToken (GT) $17.70 ↑ 0.46%
VeChain VeChain (VET) $0.03 ↓ -1.09%
Render Render (RENDER) $4.11 ↓ -1.08%
Worldcoin Worldcoin (WLD) $1.16 ↓ -1.85%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.06 ↓ -0.77%
Sei Sei (SEI) $0.32 ↓ -1.70%
Cosmos Cosmos (ATOM) $4.68 ↓ -0.56%
Sky Sky (SKY) $0.09 ↓ -0.67%
Filecoin Filecoin (FIL) $2.62 ↓ -0.96%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -1.45%
SPX6900 SPX6900 (SPX) $1.82 ↓ -2.43%
Jupiter Jupiter (JUP) $0.55 ↓ -5.07%
Flare Flare (FLR) $0.02 ↓ -0.06%
KuCoin Token KuCoin Token (KCS) $12.10 ↑ 0.20%
Story Story (IP) $5.17 ↑ 1.44%
Quant Quant (QNT) $121.12 ↑ 0.32%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↓ -1.45%
Injective Injective (INJ) $13.73 ↓ -0.96%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -10.60%
Four Four (FORM) $3.56 ↑ 2.19%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 2.97%
Celestia Celestia (TIA) $1.86 ↓ -3.73%
Stacks Stacks (STX) $0.79 ↓ -0.65%
Optimism Optimism (OP) $0.71 ↑ 2.30%
FLOKI FLOKI (FLOKI) $0.00 ↓ -2.45%
dogwifhat dogwifhat (WIF) $1.06 ↓ -6.55%
Immutable Immutable (IMX) $0.56 ↓ -2.66%
Ethereum Name Service Ethereum Name Service (ENS) $28.67 ↑ 2.53%
The Graph The Graph (GRT) $0.10 ↑ 1.68%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.57 ↓ -8.50%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -9.41%
Kaia Kaia (KAIA) $0.16 ↓ -0.17%
Lido DAO Lido DAO (LDO) $1.09 ↓ -0.85%
Sonic Sonic (S) $0.33 ↓ -3.13%
PAX Gold PAX Gold (PAXG) $3,372.15 ↓ -0.66%
Tezos Tezos (XTZ) $0.88 ↓ -0.48%
PancakeSwap PancakeSwap (CAKE) $2.67 ↓ -1.23%
Vaulta Vaulta (A) $0.58 ↓ -3.58%
Conflux Conflux (CFX) $0.18 ↑ 1.91%
Theta Network Theta Network (THETA) $0.88 ↓ -2.85%
Nexo Nexo (NEXO) $1.32 ↑ 0.20%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.81%
Raydium Raydium (RAY) $3.10 ↓ -1.85%
Tether Gold Tether Gold (XAUt) $3,367.60 ↓ -0.62%
IOTA IOTA (IOTA) $0.20 ↓ -2.10%
Gala Gala (GALA) $0.02 ↓ -1.94%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.80%
The Sandbox The Sandbox (SAND) $0.30 ↓ -1.16%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -3.79%
Pendle Pendle (PENDLE) $4.35 ↓ -0.88%
Jito Jito (JTO) $1.99 ↓ -1.30%
Bitcoin Bitcoin (BTC) $118,469.22 ↓ -0.13%
Ethereum Ethereum (ETH) $3,722.22 ↑ 3.00%
XRP XRP (XRP) $3.19 ↑ 0.58%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.01%
BNB BNB (BNB) $777.81 ↑ 0.59%
Solana Solana (SOL) $184.25 ↓ -2.62%
USDC USDC (USDC) $1.00 ↑ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↓ -1.89%
TRON TRON (TRX) $0.32 ↑ 1.84%
Cardano Cardano (ADA) $0.82 ↑ 0.21%
Hyperliquid Hyperliquid (HYPE) $42.65 ↓ -3.06%
Stellar Stellar (XLM) $0.43 ↑ 1.32%
Sui Sui (SUI) $3.77 ↑ 1.88%
Chainlink Chainlink (LINK) $18.17 ↓ -0.22%
Hedera Hedera (HBAR) $0.24 ↓ -1.67%
Bitcoin Cash Bitcoin Cash (BCH) $514.50 ↑ 0.48%
Avalanche Avalanche (AVAX) $23.98 ↓ -0.20%
Litecoin Litecoin (LTC) $113.36 ↑ 1.08%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.07%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.60%
Toncoin Toncoin (TON) $3.15 ↓ -1.16%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.02%
Polkadot Polkadot (DOT) $4.04 ↓ -2.29%
Uniswap Uniswap (UNI) $10.28 ↑ 1.35%
Monero Monero (XMR) $325.86 ↑ 4.96%
Bitget Token Bitget Token (BGB) $4.61 ↓ -1.87%
Dai Dai (DAI) $1.00 ↑ 0.01%
Pepe Pepe (PEPE) $0.00 ↓ -0.22%
Aave Aave (AAVE) $290.31 ↓ -0.13%
Cronos Cronos (CRO) $0.13 ↑ 4.78%
Bittensor Bittensor (TAO) $423.84 ↓ -0.14%
Ethereum Classic Ethereum Classic (ETC) $22.59 ↑ 0.16%
Pi Pi (PI) $0.45 ↓ -0.99%
NEAR Protocol NEAR Protocol (NEAR) $2.76 ↑ 0.18%
Ondo Ondo (ONDO) $1.04 ↑ 0.34%
Aptos Aptos (APT) $4.70 ↓ -2.84%
Ethena Ethena (ENA) $0.48 ↑ 4.17%
Internet Computer Internet Computer (ICP) $5.57 ↓ -0.62%
OKB OKB (OKB) $48.23 ↓ -0.27%
Bonk Bonk (BONK) $0.00 ↓ -0.91%
Kaspa Kaspa (KAS) $0.10 ↓ -3.47%
Mantle Mantle (MNT) $0.75 ↓ -5.25%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 0.78%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -7.95%
Algorand Algorand (ALGO) $0.26 ↓ -1.14%
Arbitrum Arbitrum (ARB) $0.44 ↑ 0.56%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
GateToken GateToken (GT) $17.70 ↑ 0.46%
VeChain VeChain (VET) $0.03 ↓ -1.09%
Render Render (RENDER) $4.11 ↓ -1.08%
Worldcoin Worldcoin (WLD) $1.16 ↓ -1.85%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.06 ↓ -0.77%
Sei Sei (SEI) $0.32 ↓ -1.70%
Cosmos Cosmos (ATOM) $4.68 ↓ -0.56%
Sky Sky (SKY) $0.09 ↓ -0.67%
Filecoin Filecoin (FIL) $2.62 ↓ -0.96%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↓ -1.45%
SPX6900 SPX6900 (SPX) $1.82 ↓ -2.43%
Jupiter Jupiter (JUP) $0.55 ↓ -5.07%
Flare Flare (FLR) $0.02 ↓ -0.06%
KuCoin Token KuCoin Token (KCS) $12.10 ↑ 0.20%
Story Story (IP) $5.17 ↑ 1.44%
Quant Quant (QNT) $121.12 ↑ 0.32%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↓ -1.45%
Injective Injective (INJ) $13.73 ↓ -0.96%
Fartcoin Fartcoin (FARTCOIN) $1.37 ↓ -10.60%
Four Four (FORM) $3.56 ↑ 2.19%
Curve DAO Token Curve DAO Token (CRV) $0.98 ↑ 2.97%
Celestia Celestia (TIA) $1.86 ↓ -3.73%
Stacks Stacks (STX) $0.79 ↓ -0.65%
Optimism Optimism (OP) $0.71 ↑ 2.30%
FLOKI FLOKI (FLOKI) $0.00 ↓ -2.45%
dogwifhat dogwifhat (WIF) $1.06 ↓ -6.55%
Immutable Immutable (IMX) $0.56 ↓ -2.66%
Ethereum Name Service Ethereum Name Service (ENS) $28.67 ↑ 2.53%
The Graph The Graph (GRT) $0.10 ↑ 1.68%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.57 ↓ -8.50%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -9.41%
Kaia Kaia (KAIA) $0.16 ↓ -0.17%
Lido DAO Lido DAO (LDO) $1.09 ↓ -0.85%
Sonic Sonic (S) $0.33 ↓ -3.13%
PAX Gold PAX Gold (PAXG) $3,372.15 ↓ -0.66%
Tezos Tezos (XTZ) $0.88 ↓ -0.48%
PancakeSwap PancakeSwap (CAKE) $2.67 ↓ -1.23%
Vaulta Vaulta (A) $0.58 ↓ -3.58%
Conflux Conflux (CFX) $0.18 ↑ 1.91%
Theta Network Theta Network (THETA) $0.88 ↓ -2.85%
Nexo Nexo (NEXO) $1.32 ↑ 0.20%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -3.81%
Raydium Raydium (RAY) $3.10 ↓ -1.85%
Tether Gold Tether Gold (XAUt) $3,367.60 ↓ -0.62%
IOTA IOTA (IOTA) $0.20 ↓ -2.10%
Gala Gala (GALA) $0.02 ↓ -1.94%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.80%
The Sandbox The Sandbox (SAND) $0.30 ↓ -1.16%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -3.79%
Pendle Pendle (PENDLE) $4.35 ↓ -0.88%
Jito Jito (JTO) $1.99 ↓ -1.30%
Home Cryptocurrency

Uniswap Token Jumps 4% After Bold Launch of Permissionless Chain Bridge

Hannah Mwareri by Hannah Mwareri
24 October 2024
in Cryptocurrency, News
Reading Time: 3 mins read
0
Uniswap Token Jumps 4% After Bold Launch of Permissionless Chain Bridge

Uniswap Token Jumps 4% After Bold Launch of Permissionless Chain Bridge

Renowned decentralized exchange Uniswap has lately been stirring waves with new developments. On Wednesday, the Uniswap team revealed plans to launch a permissionless chain bridge to connect to multiple blockchain networks.

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Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Next Big Stampede? Whales Circle MoonBull – New Meme Coin Craze Grows as SLERF Sways  and Cheems Stirs the Crowd
    • Bull Run Ignited: MoonBull Whitelist Rocks the Scene as the Best New Meme Coin to Watch – Fartcoin Blazes and Ponke Holds Firm
  • Why is UNI Price Up Today?
  • How Will Uniswap’s New Bridge Enhance Cross-Chain Swaps
  • Conclusion

YOU MAY BE INTERESTED

image 619

Next Big Stampede? Whales Circle MoonBull – New Meme Coin Craze Grows as SLERF Sways  and Cheems Stirs the Crowd

24 July 2025
image 623

Bull Run Ignited: MoonBull Whitelist Rocks the Scene as the Best New Meme Coin to Watch – Fartcoin Blazes and Ponke Holds Firm

24 July 2025

The new bridge will allow DEX users to transfer crypto across nine chains.  In an October 23 blog post, Uniswap Labs confessed that in-app bridging has been in high demand lately, forcing the DEX platform to invest in developing a unique bridge that aligns with the company’s cross-swap agenda. 

Why is UNI Price Up Today?

For years, the Uniswap team has been seeking to address transaction challenges in the crypto industry. They realized that long transaction times and bridging concerns made the crypto sector unfriendly. However, with the collaboration with Across Protocol (ACX), the DEX platform believes that over 6 million users will have access to cross-chain swaps. 

Through its partnership with ACX, the DEX platform anticipates that the new bridge will gain a competitive advantage since it is permissionless. The new bridge will be connected to decentralized pools of liquidity and relayers. 

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This implies the new bridge will offer fast, reliable, and convenient crypto transactions on Ethereum, Polygon, Arbitrum, Optimism, Blast, and others. The launching of the new bridge demonstrates the DEX platform’s commitment to reshaping the future of the decentralized finance sector. 

How Will Uniswap’s New Bridge Enhance Cross-Chain Swaps

The DEX platform launched a testnet for Ethereum Layer 2 called Unichain early this month. The  DEX platform confirmed that the Unichain mainnet will be available before the end of the year. This development aims to improve transaction speed and cross-chain interoperability potential.

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Despite the DEX platform emerging as a leading innovator in blockchain technology, the DEX has been on the regulator’s watch.  In April, the US Securities and Exchange Commission (SEC) issued a Well Notice accusing the DEX platform of offering unregistered securities. 

The DEX platform vowed to challenge the SEC in court to clarify that the products offered were not securities. Despite the ongoing legal charges, the Uniswap native token UNI has demonstrated its readiness for the Uptober rally. 

ADVERTISEMENT

At 0918 (UTC), UNI rose 4% to trade above $8.07. The intraday gains were accompanied by a 4.83% UNI market capitalization, hitting $4.83 billion. The impressive surge demonstrates the possibility of the ongoing buyup pushing the UNI price to $10.

Conclusion

Launching Uniswap’s new bridge demonstrates the need for the DEX platform to address crypto transaction speed and bridging challenges. The new bridge and the recently launched Ethereum L2 Unichain align with the DEX long-term objective of boosting cross-chain swaps. 

The ongoing development within the Uniswap ecosystem demonstrates the need for regulators to provide clear rules to support the growth of crypto and blockchain technologies.

The DEX platform is among the companies that are challenging the SEC enforcement action on digital assets. For more updates on how Uniswap will fight SEC in court, follow the TurkishNY Radio on Tumblr, Telegram, and LinkedIn.

Tags: BaseblockchainethereumPolygoneUniswap
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Hannah Mwareri

Hannah Mwareri

Hannah is a news writer for TurkishNY Radio, she enjoys tuning to daily crypto markets and enjoy writing on trending news and events

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