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UMA token, has increased by over 200%
1 month ago 1 min read

UMA token surges over 200% following the revelation of Oval solution

Uma’s native token, the UMA token, has increased by over 200% since the announcement of its solution, Oval. The project’s market cap has risen to over $500 million, indicating a significant uptrend. UMA token has skyrocketed from $2 to over $6.9 in just a few days. This surge reflects the market’s positive response to the Oval solution, putting the UMA token at its highest level since mid-2022. The sudden increase in the price of the UMA token coincided with the project’s announcement of Oval, a solution designed to protect lending protocols from Maximum Extractable Value (MEV). Hart Lambur, Uma’s co-founder,