The realization that a paradigm shift is occurring comes from the fact that UNI, which had inexplicably remained at a relatively low market cap for so long, has now surged so dramatically. Considering Uniswap’s existence since the 2010s, it’s puzzling why it didn’t enter the top 10 by market cap starting with the 2020 DeFi Summer. Just as we were beginning to forget it would never make the cut, this movement begins—leaving us with no choice but to add it to our watchlist.
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