The cryptocurrency market is experiencing a slowdown, with some altcoins in a recovery phase. Polygon (MATIC) and Uniswap (UNI) are about to reach the $5 billion mark in July.
**Polygon (MATIC)**
MATIC, a major player on the Ethereum scale, has seen a 32% drop but is showing signs of a bullish reversal. The breakout of a falling wedge pattern could lead to significant increases in value, driven by market recovery and continued demand for Ethereum scaling solutions.
**Uniswap (UNI)**
UNI, a leading decentralized exchange, has demonstrated resilience with a 5% increase recently. Despite the decline in transactional activity, a partnership with Transak for fiat cryptocurrency purchases is expected to increase users and trading volumes, positioning UNI to surpass $5 billion in market cap.
Both MATIC and UNI are well positioned to achieve significant growth as the crypto market stabilizes.
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