Why Cryptocurrency Uniswap's UNI Token Surged on Thursday

Cryptocurrency Uniswap (CRYPTO: UNI) charged sharply higher Thursday, surging by as much as 11.5%. As of 11:42 a.m., the altcoin was still up 11.4% over the past 24 hours.

The popular decentralized exchange was deployed on Polygon's (CRYPTO: MATIC) network, expanding its availability to more retail traders.

Uniswap revealed that all three of its version 3 contracts are now live on the Polygon network. The announcement came after holders of the UNI token overwhelmingly approved a governance proposal supporting the move. 

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Source Fool.com