$UNI is CRUSHING it today! ๐ฆ The price is up over 15% in the last 24 hours, ๐ and guess what? The trading volume is HUGE - almost $600 million! ๐ฅ
But wait, there's more! The real story might be happening behind the scenes. Uniswap's L2 volume (that's fancy talk for faster, cheaper transactions) has absolutely exploded this month. We're talking DOUBLE the volume compared to last May! ๐
Here's the breakdown: ๐ป๐
๐ธ Last May: Uniswap L2 volume was a measly $8.93 billion.
๐ธ This May (so far): L2 volume has skyrocketed to a whopping $20.72 billion! And the month isn't even over yet!
This could be a sign that more and more people are using Uniswap for their DeFi adventures. ๐คท Lower fees and faster speeds on L2 are definitely attractive!