The ranking of Uniswap in the financial category of the US app store has recently seen a significant decline
According to The Block, Uniswap's ranking in the financial category of the U.S. app store has recently seen a significant decline, plummeting from 99th two months ago to 364th.
For most of 2024, Uniswap consistently ranked around 190th in the financial category of the U.S. app store. After Trump won the U.S. election, its ranking jumped to 110th and then soared again during Trump's inauguration ceremony in January, reaching a peak at 99th place. However, after this brief surge, Uniswap's app store ranking sharply declined even below its annual level for all of 2023 - an indication that Uniswap’s rise was driven by election hype.
Recent fundamental indicators further support this situation: since early 2025, the number of Uniswap traders on Ethereum network has dropped by more than 45%, marking its lowest level since July 2023. In addition, between December 2024 and January 2025, Uniswap's monthly transaction volume also fell by10%, followed by another month-on-month decrease of22%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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