UMA Token Surges 91%, Reaching Yearly High With $300 Million Valuation

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The native token of the Universal Market Access (UMA) protocol, UMA, has experienced a remarkable surge, soaring over 91% in the past 24 hours to achieve a yearly high of $4.101, bringing its market valuation to $300 million. This surge was accompanied by an impressive 2943% increase in trading volume, reaching $421 million. Reports indicate that the Total Value Secured (TVS) on the UMA network has seen substantial growth, reaching $775 million. This growth is indicative of the UMA network’s solid development and its expanding ecosystem. Our new integrations take the UMA TVS to ~$775M. 3x the last bull market

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