XRP, Memecoins, and Uniswap Face Pivotal Moment as Crypto Markets Churn – May 26th Analysis

Ripple’s legal saga drags on while memecoins defy gravity—again. Meanwhile, Uniswap’s latest upgrade sparks whispers of a DeFi resurgence. Wall Street analysts remain blissfully confused.

Will this be the week crypto finally ’matures’? Don’t hold your breath—traders are still betting on dog-themed tokens.

The cryptocurrency market kicked off the week on a positive note as top meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), pushed to regain strength after a slow and bearishly biased weekend. Last week’s surge, especially in Bitcoin (BTC), which reached new all-time highs of around $111,980, was mainly driven by strong institutional interest and, according to the latest Kaiko report, “late-night Asian buying.”

Uniswap’s (UNI) price grinds higher as sentiment steadies in the broader cryptocurrency market to trade at around $6.56 at the time of writing on Monday. The  Decentralized Exchange (DEX) native token’s intraday gains surpass 6%, increasing the chances of breaking a four-month negative monthly return streak. If Uniswap maintains its recent gains, it could achieve a positive monthly return by the end of May.