Uniswap、Aave 和 Sei 今天股價飆升。這就是為什麼

唐納德·川普 (Donald Trump) 在 2024 年大選中對卡馬拉·哈里斯 (Kamala Harris) 的決定性勝利是大多數加密貨幣今天走高的關鍵原因。

Donald Trump's decisive win over Kamala Harris in the 2024 election is the key reason most cryptocurrencies are heading higher today. As of 3:15 p.m. ET, the entire crypto market has surged 11.2%, which is more than a meaningful move -- it's an incredible daily move that's rarely seen, even in this asset class.

唐納德·川普 (Donald Trump) 在 2024 年大選中對卡馬拉·哈里斯 (Kamala Harris) 的決定性勝利是大多數加密貨幣今天走高的關鍵原因。截至美國東部時間下午3:15，整個加密貨幣市場已飆升11.2%，這不僅僅是一個有意義的舉動- 這是一個令人難以置信的日常走勢，即使在這一資產類別中也很少見。

However, as is the case with any marketwide rally, some tokens are performing better than others. Uniswap (UNI 24.91%), Aave (AAVE 21.65%), and Sei (SEI 14.53%) are among today's leading tokens in terms of daily gains, surging 32.3%, 26.9%, and 15.3%, respectively, over that same time frame.

然而，與任何市場反彈的情況一樣，某些代幣的表現優於其他代幣。 Uniswap (UNI 24.91%)、Aave (AAVE 21.65%) 和 Sei (SEI 14.53%) 是當今每日漲幅領先的代幣，在同一時間段內分別飆升 32.3%、26.9% 和 15.3% 。

There's a key fundamental reason for this move. Let's dive into what's driving buying activity in these decentralized exchange and trading-related cryptocurrencies today.

此舉有一個關鍵的根本原因。今天讓我們深入探討一下推動這些去中心化交易所和交易相關加密貨幣購買活動的因素。

Crypto trading activity expected to take off

加密貨幣交易活動預計將起飛

Uniswap is among the largest decentralized exchanges in the world. Aave is a leading decentralized finance protocol enabling borrowing and lending in the world of digital assets. And Sei is a leading layer-1 crypto project that has been purpose-built to allow decentralized exchanges to operate with greater functionality and improved performance.

Uniswap 是世界上最大的去中心化交易所之一。 Aave 是領先的去中心化金融協議，可在數位資產領域實現借貸。 Sei 是一個領先的第 1 層加密項目，專門用於允許去中心化交易所以更強大的功能和更高的性能運行。

Thus, a surge of capital inflows into the world of crypto should disproportionately benefit these three projects. The thesis is really that simple.

因此，流入加密世界的資本激增應該會為這三個項目帶來不成比例的好處。論文其實就是這麼簡單。

As crypto prices trend higher, investors can expect fees tied to transaction activity to surge. That's generally because crypto transaction volumes are highly correlated with price movements -- as prices trend higher, transaction activity tends to pick up as the investing herd looks to capitalize on what appear to be easy-to-capture gains.

隨著加密貨幣價格走高，投資者預計與交易活動相關的費用將大幅上漲。這通常是因為加密貨幣交易量與價格走勢高度相關——隨著價格走高，交易活動往往會增加，因為投資群體希望利用看似容易獲得的收益。

So, indications that a pro-crypto Trump presidency could result in less (or more favorable) regulation for this sector and allow for more widespread adoption and trading of various tokens is certainly bullish for projects that earn their bread facilitating transactions, or providing the infrastructure to do so. These three projects clearly have a lot to gain from both sustainably rising prices in the crypto world and the associated increase in transaction activity that can be expected to follow.

因此，有跡象表明，支持加密貨幣的川普總統任期可能會導致對該行業的監管減少（或更有利），並允許更廣泛地採用和交易各種代幣，這對於那些透過促進交易或提供基礎設施謀生的項目來說無疑是利多的這樣做。這三個項目顯然可以從加密貨幣世界的持續上漲的價格以及預計隨之而來的交易活動的相關增加中獲益匪淺。

As their relative moats grow compared to other crypto projects, investors appear to be banking that higher revenues from transaction fees should translate into greater token burn rates and higher valuations as more investors look to take a "picks-and-shovels" approach to this melt-up.

與其他加密貨幣項目相比，隨著它們的相對護城河不斷增長，投資者似乎認為，隨著越來越多的投資者希望採取「鎬和鏟」的方式來解決這種融化問題，交易費帶來的更高收入應該會轉化為更高的代幣銷毀率和更高的估值。

Can the melt-up continue?

熔漲還能繼續嗎？

Today's incredible performance seen in Uniswap, Aave, and Sei really is an outlier. Among top cryptocurrencies, these three projects tend to be some of the more stable tokens I have on my watch list. That's on a relative basis -- the crypto sector is wildly volatile, as many investors are well aware. But I wouldn't be surprised to see some sort of reversion trade take place in the coming days, where some investors take some cream off the top and begin taking profits. We'll see.

今天 Uniswap、Aave 和 Sei 令人難以置信的表現確實是一個異常值。在頂級加密貨幣中，這三個項目往往是我觀察名單上的一些更穩定的代幣。這是相對而言的——正如許多投資者都清楚的那樣，加密貨幣行業波動劇烈。但如果未來幾天出現某種回歸交易，一些投資者會從中獲利並開始獲利了結，我不會感到驚訝。我們拭目以待。

For now, investors looking for ways to play a surge in on-chain trading activity do have three great options to consider in this space. These are three crypto projects I do think are building the foundation for decentralized trading to become more mainstream. If investors do flock toward blockchain-based solutions for trading blockchain projects (a thesis that certainly makes sense), this recent momentum could certainly continue. That said, this move has been notable, so I'll be watching for any sort of selling pressure in the coming weeks to materialize, and my base case is that a "sell the news" trade could form after peak euphoria dies down.

目前，尋求如何推動鏈上交易活動激增的投資者在這個領域確實可以考慮三個不錯的選擇。我確實認為這三個加密項目正在為去中心化交易變得更加主流奠定基礎。如果投資者確實湧向基於區塊鏈的解決方案來交易區塊鏈項目（這一論點當然有道理），那麼最近的勢頭肯定會持續下去。也就是說，這一舉動值得注意，所以我將關注未來幾週內是否會出現任何形式的拋售壓力，我的基本情況是，在高峰興奮消退後，可能會形成「賣出新聞」交易。