Uniswap [UNI] struggles to recover following multiple obstacles, more inside

ambcrypto.com:

Uniswap [UNI], the largest decentralized exchange (DEX), recorded a considerable fall in its trading traffic in February. Data from Token Terminal highlighted that the trading volume tanked 46% since mid-February, while trading fees almost halved in the same time period.Source: Token TerminalRealistic or not, here’s UNI’s market cap in BTC’s termsTo make matters worse, the Uniswap community had other bad news to deal with.Uniswap announced the launch of a self-custodial mobile wallet which will allow users to swap tokens between Ethereum [ETH] mainnet and other layer-2 networks like Arbitrum [ARB], Optimism [OP] and Polygon [MATIC].Uniswap added that the app will be available as a limited early release to 10,000 users via the TestFlight beta platform because Apple had rejected the final build of the product just before its planned December 2022 launch.<p lang=«en» dir=«ltr» xml:lang=«en»>1/ Introducing the Uniswap mobile wallet