The token also received a major boost from the listing on major crypto exchanges
In just two days, GRT/USD gained about 300% to trade at an all-time high of $0.9950
The Graph (GRT) price erupted this week after the launch of its mainnet, in addition to getting listed on major crypto exchanges.
Fundamental analysis: GRT enters Top 50
The Graph, Ethereum-powered protocol for building decentralized applications, announced the launch of its mainnet on Thursday. The protocol makes it easier for dapp developers to do their frontend work and manages all of the information on the blockchain. It also utilizes the so-called subgraphs which serve to facilitate the access to decentralized apps via public and open APIs.
Looming Uniswap V3 Sees DEX Surpass $50B All-Time High
Last Updated: 15 December 2020
Uniswap, the automated market maker (AMM), has recently surpassed a trading volume of $50 billion, marking a new all-time high. This comes by way of a tweet made by Hayden Adams, the founder of the Uniswap protocol.
Biggest Gas Guzzler out There
Adams made this announcement via Twitter, adding to this major milestone by highlighting that the volumes themselves were spread across 26,000 unique transactions. Looks like @UniswapProtocol passed $50b in all time volume last week. This is split across 26,000 unique trading pairs Just need to do this 19 more times to hit 1 trillion pic.twitter.com/P4eQTnX4Aq