UNI Rises as Burn Takes Effect and Growth Funding Continues
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UNI reacted positively following confirmation of the 100 million token burn, rising more than 5% in the past 24 hours. Trading volume and market capitalization also increased, signaling renewed market interest.
With the burn completed, UNI’s circulating supply now stands at roughly 730 million tokens, out of a total supply of 1 billion. At the same time, the Uniswap Foundation confirmed plans to allocate 20 million UNI toward ecosystem growth through grants and developer funding.
The dual approach — aggressive supply reduction alongside continued ecosystem investment — is now shaping Uniswap’s next phase.
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Supply shock matters, but demand matters more.
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Burns create narrative, not sustained bids.