Eugene: Uniswap's introduction of a fee switch is beneficial to DeFi; the crypto market will become more like the traditional stock market in the future.

Odaily Planet Daily reports that trader Eugene Ng Ah Sio stated in a post on his personal channel that the discussion surrounding Uniswap enabling a fee switch is "missing the forest for the trees." We are seeing how pro-crypto regulatory frameworks are changing value accumulation strategies at the protocol level, which ultimately benefits token holders.

This is a very positive step forward for the entire DeFi industry and sets a precedent for future protocols. As insider selling gradually subsides, active market participants will be able to value these protocols more reliably based on fundamentals. At that point, the crypto market will resemble a traditional stock market more than a casino.