Uniswap (UNI) Price Rallys 20% As DeFi Summer Looms: Here Are 2 Other DeFi Stars Investors Must Hold


Uniswap experienced a significant rally following Bitcoin’s recent surge. However, its growth has been cut short following a Wells Notice from the SEC. As Uniswap’s future looks uncertain, investors are buying two other DeFi stars that are expected to soar. These are Arbitrum and Rollblock. Arbitrum is gaining significant momentum in the altcoin space, while Rollblock continues to soar during its presale. Here’s why they could offer great returns this summer.

Uniswap Fights SEC Legal Action

Uniswap recently received a Wells Notice from the SEC stating that the SEC believes it has broken the law. Uniswap is being accused of being an unregistered securities exchange and hosting unregistered securities brokers.

Uniswap Labs has responded to this accusation, stating that the Uniswap protocol doesn't meet the definition of an exchange and, therefore, doesn’t come under regulation by the SEC. Uniswap argues that while it invented the protocol, the platform has become a “passive” technology that investors use to trade cryptocurrency.

Uniswap also accused the SEC of using “aggressive theories” to stretch the regulator’s reach, further criticizing the SEC for failing to embrace open-source technology to enhance outdated commercial and financial systems.

Despite this criticism, Uniswap's price has increased by 1.91%, and UNI is now trading at $9.48.

Arbitrum Breaks Out From Trendline Resistance 

Arbitrum (ARB) recently soared a massive 25% in just 24 hours. This took Arbitrum to $1.22 before it faced resistance and dropped to $1.17.

A post by analyst Coin Mastermind highlighted that Arbitrum has now broken out from the trendline resistance and could see further increases over the next month.

Following its rally, Arbitrum’s daily trading volume increased to over $1 billion, though activity has since decreased to $951.73 million at the time of writing. Nonetheless, some experts believe that Arbitrum could hit a new all-time high this summer if its bullish activity continues.

Rollblock Becomes A Must-Buy Crypto 

As the cryptocurrency market enters another bull run, crypto experts have their eyes on Rollblock. This innovative new cryptocurrency introduces a DeFi casino, which is set to make waves in the billion dollar online gambling industry. Its GambleFi casino, which is already licensed and operational, looks to solve common problems within the gambling industry by overhauling traditional, outdated processes.

The Rollblock casino showcases over 150 different games, including classics like slots, blackjack, and poker. Users can deposit over 20 cryptocurrencies to play, and sports betting will also be added to the platform over the next couple of months.

In addition to replacing outdated gambling systems, Rollblock also offers some of the best passive income opportunities in crypto for $RBLK token holders. Rollblock will share up to 30% of its weekly revenue with holders by purchasing $RBLK tokens from the open market.

Half the tokens purchased will be used for staking rewards, and the remaining 50% will be permanently burned. This will increase $RBLK scarcity, driving up the price of tokens over time.

Investors who want to participate in Rollblock can buy $RBLK tokens during stage 2 of the presale. Tokens are currently selling for $0.012 but the price will be increasing to $0.014 in Stage 3 and RBLK is expected to rally by over 720% through to  the end of the presale.

Rollblock: A Great Opportunity For Investors 

Having already attracted a global audience, Rollblock is on track to become one of the world's most popular altcoins. Its myriad of features and fantastic opportunities make it a great option for investors, who can buy thousands of tokens without needing a huge budget.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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