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UMA coin, a protocol to create synthetic tokens on the Ethereum blockchain, is seeing predictions of a potential rise to $10 by 2025-2030, from technological advancements to partnerships and industry trends playing a factor. In addition, LightSpark has announced an upgrade in UMA capabilities along with new Bitcoin L2 which can have potential implications for the coin's trajectory. Grayscale, a leading cryptocurrency investment services company, had UMA on its list of altcoins that may outperform in Q4 2024. A recent partnership between Yellow Card and LightSpark is aimed at introducing Universal Money Address (UMA) to African businesses and consumers. Polymarket has stirred controversy with its resolution concerning Barron Trump's involvement with the DJT token, which contradicts UMA's stance. UMA token experienced a significant increase in value after hinting at a MEV-focused solution. Grayscale decided to remove UMA from its DeFi fund during a quarterly rebalancing which had AMP added. Meanwhile, Lightspark is seemingly enthusiastic about the potential for Bitcoin Lightning payment standards. Despite Bitcoin's price dip, UMA was among the few to disregard the volatility gaining 20%+.
UMA Coin News Analytics from Wed, 26 Jul 2017 07:00:00 GMT to Tue, 04 Feb 2025 21:13:19 GMT - Rating 6 - Innovation 3 - Information 8 - Rumor 7