$UNI 's performance this month is still acceptable,
Now that the bull market has entered its second phase, is UNI still suitable for long-term holding?
Let's talk about a few positive news for UNI. With the confirmation of the SEC chairman's resignation, it is expected that the investigation letter against UNI will soon be withdrawn, which is a positive news for the UNI market. Additionally, UNIchain is about to be launched, which will bring new empowerment to UNI and is expected to stretch market expectations.
Moreover, in the past year, Uniswap has generated over 1.3 billion dollars in transaction and settlement fees across five major chains: Ethereum, Optimism, BNB Chain, Base, and Polygon. As the largest decentralized exchange by trading volume globally, Unichain's future goal is to provide faster and cheaper transactions while improving cross-chain interoperability.
With the Trump administration coming into power in January, it is also beneficial for the crypto industry, and UNI is sure to welcome a new trend. UNI has not been significantly affected during this downturn, indicating the market's resilience, making it suitable for long-term holding, and expecting to see 20 by the end of the year.
Uncertain about the entry point, feel free to leave a message and discuss with me.