Uniswap's (UNI) governance token surged over 50% in 24 hours, reaching a two-year high of $12.73, following a proposal to upgrade Uniswap'

Uniswap's (UNI) governance token gained over 50% in 24 hours, reaching a two-year high of $12.73, following a proposal by the Uniswap Foundation to upgrade the protocol's governance system. The proposal aims to reward UNI coin holders who have delegated and staked their tokens, enhancing Uniswap's decentralization and resilience. The UNI price surge surpassed Bitcoin's 1.9% retreat and Ether's 2.4% dip during the same period.

February 23, 2024
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