Uniswap’s Layer 2 User Growth and Poodlana’s Upcoming Listing
- Uniswap Layer 2 users surged 350%, but trading volume has dropped 39% since May.
- Poodlana has raised $6.3 million in pre-sales and is scheduled to be available on Raydium on August 16.
- Poodlana’s token POODL is currently valued at $0.0499, with prices rising every 72 hours before listing.
In the rapidly evolving world of cryptocurrency, two significant developments have captured the attention of the community: Uniswap’s impressive growth in layer 2 users and the upcoming listing of the viral meme coin Poodlana on Raydium.
Uniswap’s Layer 2 User Surge
Uniswap, the leading decentralized exchange by trading volume, has experienced a remarkable 350% increase in its layer 2 (L2) user base in recent months.
Data from Dune Analytics shows that from May to July, the number of unique addresses interacting with Uniswap on L2 skyrocketed from 1.82 million to an astonishing 8.93 million, setting new records.
Despite this surge in user activity, Uniswap has seen a decline in overall transaction volume, raising concerns about the quality of user growth. The disproportionate growth of users and a drop in transaction volume have led analysts to question the authenticity of the growth trend.
Poodlana: The Hermes of Cryptocurrency
Poodlana, a Solana-based meme coin known as the “Hermes of crypto,” is generating buzz in the crypto community. With a successful pre-sale raising over $6.3 million, Poodlana is set to launch on Raydium, attracting attention from investors in Asia and beyond.
The project’s unique branding and community-building efforts have positioned it as a promising player in the meme coin market. With a transparent pre-sale structure and plans for extensive marketing, Poodlana aims to make a lasting impact in the industry.
In Conclusion
As Uniswap’s L2 user base expands and Poodlana prepares for its listing, the crypto market continues to evolve. While Uniswap faces challenges with user growth, Poodlana’s innovative approach signals exciting potential for meme coins and decentralized finance initiatives.
