Whale Moves and Tech Upgrades Put Tezos, Uniswap, Aave in Altcoin Season Spotlight
Main Idea
Tezos, Uniswap, and Aave are showing signs of growth and increased activity, positioning them as key players in the current altcoin season.
Key Points
1. Tezos (XTZ) has gained 5% in 24 hours, trading near $0.89, with recent technical data indicating strong support and upgrades like the Tezos-based Etherlink Layer-2 gaining traction for tokenized asset custody.
2. Uniswap (UNI) is trading at $11.32, up 18% in the past week, with whale activity driving momentum and DAO governance under Wyoming law influencing its development.
3. Aave (AAVE) is trading near $313, with a market cap of $4.7 billion and daily volume above $550 million, boosted by the 'Stablecoin Summer' event and new syrupUSD products.
4. On-chain activity for Tezos, Uniswap, and Aave has outpaced price growth, with Tezos wallet activity up 14% month-over-month and UNI's unique liquidity providers increasing by 9% in two weeks.
5. Bitcoin dominance remains around 60%, leaving room for altcoins like Tezos, Uniswap, and Aave to gain market share if dominance drops further.
Description
As the broader altcoin season remains muted , selective interest is forming around tokens with utility, governance, and active upgrade paths. Traders are watching Tezos, Uniswap, and Aave for signs of an emerging rotation. Tezos Gains 5% in 24 Hours Tezos (X TZ) is currently trading near $0.89 . The network has doubled in value since early June, consistently bouncing between $0.60 and $1.40. Recent technical data suggest that Tezos sits firmly above key support, even after a small pullback. Tech...
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