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Uniswap's native token, UNI, ignored a stagnant crypto market and surged by more than 12% on Thursday as the decentralized exchange (DEX) project announced a new Ethereum (ETH) layer-2 project. Uniswap Labs says the new project, called “Unichain,” aims to facilitate decentralized finance (DeFi) and liquidity across chains.
LayerZero and Uniswap have inked a partnership toward the testing of the Unichain L2.
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism's Superchain, designed specifically with decentralized finance in mind.
Uniswap Labs, the team behind the popular Uniswap Protocol, has been at the heart of DeFi for years. One of the big challenges for DeFi on Ethereum is the cost of transactions.
Did the Unichain launch drive the UNI price surge amid the market's bearish trend? But how high will the UNI price surge, is a new ATH soon?
UNI and POPCAT are the top gainers on a weekly scale.
Uniswap Labs' announcement of Unichain, its own Ethereum-based blockchain, led to a 6% increase in the UNI token's value.
Uniswap Labs announces Unichain, a new layer-2 network built on Optimism technology, aiming to provide faster and cheaper transactions with improved liquidity, set to launch on testnet on October 10, 2024.
Uniswap Labs announced on Thursday that it will establish a new layer-2 network, Unichain, using Optimism technology.
Uniswap's UNI token surges 15% after the Unichain Layer-2 launch, but technical indicators hint at a potential correction.
Uniswap, the main DEX DeFi, has introduced Unichain, a new L2 designed to improve the efficiency and scalability of Ethereum.
Cryptocurrency Prices Today, October 11: The broader market on Friday witnessed mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price continued trading along the $60K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory.
Uniswap (UNI) price raised more than 10% after Uniswap Labs announced the launch of its own Layer-2, Unichain. This surge in price has driven the Relative Strength Index (RSI) to overbought levels, suggesting strong buying momentum.
Uniswap is making a surprising move, rallying in the face of bearish market conditions, and showing signs of resilience despite the downward pressure seen across the crypto space. As bullish sentiment begins to build, market participants are now focused on whether UNI can maintain this upward momentum and break new ground.
UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain.
UNI price surges with strong market activity, but liquidity concerns may challenge further gains.
UniswapX Protocol is a non-custodial Dutch auction-based trading protocol implemented for the Ethereum Virtual Machine. UniswapX aggregates both on-chain and off-chain liquidity, internalizes MEV in the form of price improvement, offers gas-free swaps, and can be extended to support cross-chain trading.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Uniswap Labs just revealed the launch of its Unichain.
Uniswap, the leading decentralized crypto exchange, has announced plans to launch its own Layer-2 network, Unichain. Built on the Optimism Superchain, Unichain aims to enhance speed, efficiency, and cross-chain interactions.
Uniswap announced the launch of a native L2 chain built as part of the Optimism Superchain. UNI rallied after the news, reaching a one-month peak at $8.39.
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The app chain promises faster and cheaper transactions and cross-chain interoperability, according to Uniswap.
TL;DR Uniswap launches Unichain, a Layer 2 network designed to improve DeFi efficiency. It uses Optimism Superchain technology, facilitating interoperability between multiple networks. Implements a trusted execution environment (TEE) to improve transaction speed and transparency.
