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The crypto world seems to finally be recovering from a long and hard crypto winter following the bull run of 2021. Prices are up significantly and tokens like Solana (SOL) and Uniswap (UNI) grew 32% and 23% respectively in the past week. These price rallies have brought renewed hope to the crypto ecosystem and more people are finally becoming comfortable with investing in the market again. Solana (SOL) Records Mixed Performances December has been a great month overall for Solana  (SOL) investors. The Solana (SOL) blockchain’s utility token, SOL, nearly doubled its market price in December with daily trade volumes soaring well over $5 billion. That rapid rise was followed by a slight decline in market value in the last days of December. Analysts believe this dip in price is a price correction following a sharp uptick in prices, with the dip averaging about 7% over the last few days. With a token supply increase of 100 million Solana (SOL) tokens, analysts warn not to expect a new Solana (SOL) all-time high anytime soon. Uniswap (UNI) Swaps In Exciting New Features If you’ve been following Uniswap (UNI) news, you must know that the platform recently implemented some new features that have contributed to its price surge. Among these features are an Android mobile wallet app called Rootstock, and support for additional blockchain networks. The result of these new features was a 25% increase in the price of Uniswap’s (UNI) utility token, UNI, in the past week. Uniswap (UNI) which started the week just under $6 per token, now traded at $7.52 per token at the time of writing. A New Token To Swap Your Uniswap (UNI) Tokens For Solana (SOL) and Uniswap (UNI) might be having the ride of their lives on the crypto Ferris wheel, but other smaller projects…

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Filed under: News - @ January 1, 2024 8:26 am