Uniswap wallet has reportedly attracted more than 20,000 unique users within the first 2 weeks after its launch. On top of that, trading volumes within the wallet are rapidly approaching the $10 million milestone
UNI struggles to bounce back after a short-term support retest.wallet was launched and initial data reveals that it is off to a healthy start. Uniswap’s founder revealed that the wallet was already seeing robust adoption and strong volumes despite the slow market conditions.The Uniswap wallet reportedly attracted more than 20,000 unique users within the first two weeks after its launch. On top of that, trading volumes within the wallet were rapidly approaching the $10 million milestone.
The same two weeks were characterized by slow market conditions. Uniswap’s founder expected the wallet to deliver a more robust performance as things improve.It's only been ~2 weeks since launch and yesterday saw over 20,000 unique users and almost $10m in trading volume And we're just getting started. We aim to ship like crazy this year – expect constant improvements 🚀The Uniswap wallet’s performance reflected the state of the DeFi platform. Uniswap’s network growth also registered robust growth within the same two weeks.
But can the network maintain this trajectory? Uniswap’s network growth metric registered a sharp drop in the last 24 hours. Similarly, the weighted sentiment also fell after previously indicating a bullish consensus.The declining sentiment and network growth were likely influenced by a sharp slowdown in activity as investors waited for FOMC data. This suggested that we may see a resurgence of network activity now that the highly anticipated economic event has passed but that remains to be seen.
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