Uniswap Daily Transactions Hit Record 7M

The record transaction volume signals a structural shift in how liquidity is accessed, moving further away from centralized intermediaries. It validates that DEX infrastructure can handle scale, but it also raises the question of whether congestion and fee pressure will emerge as constraints. For the broader DeFi market, this is a stress test of user retention—whether activity is driven by sustainable demand or temporary incentives remains the open question.