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Uniswap Labs has launched Unichain Mainnet, a decentralized blockchain designed to reduce transaction costs and accelerate decentralized finance (defi) operations. Decentralized Rollup Unichain Goes Live, Targets Defi Scalability The Ethereum layer two (L2) network, tested through 95 million transactions and 14.
Unichain, Uniswap's native L2 network, launched and immediately invited 80 apps, over 700 smart contracts and over 8K users in the very first hours.
Uniswap Labs developers have announced the launch of the Unichain mainnet, an Ethereum Layer 2 solution.
Uniswap's Layer-2 solution Unichain is finally launched on the mainnet.
Uniswap just released its new Unichain protocol on the mainnet after a few months of testing. This feature will encourage cross-chain liquidity and overall efficiency for the firm's ecosystem.
“We're here to make DeFi faster, cheaper, more decentralized," said Uniswap Labs founder and CEO Hayden Adams.
Uniswap Labs launches Unichain, a new Layer 2 network designed for enhanced scalability in DeFi. With near-instant finality, lower gas fees, and cross-chain interoperability, Unichain has already processed 95 million testnet transactions and secured support from leading crypto projects. The post Uniswap Labs Launches Layer 2 Network Unichain Mainnet appeared first on Cryptonews.
While UNI's price rose, sentiment surrounding UNI remained positive amid a 30% increase in social media postsç.
Uniswap Labs has rolled out its Ethereum-compatible layer 2 network “Unichain” after four months of testing and over 100 million settled on-chain transactions.
Uniswap Labs has launched Unichain, its new Layer 2 blockchain, aiming to enhance the Ethereum ecosystem. The launch comes shortly after the introduction of Uniswap V4, marking another major development for the decentralized exchange.
TL;DR Uniswap Labs launched Unichain, a network designed for faster transactions and lower costs in the DeFi ecosystem. During the test phase, 95 million transactions were executed, and over 14.7 million smart contracts were deployed. Unichain offers interoperability, decentralization, and efficiency with gas costs up to 95% lower than Ethereum L1.
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
Unichain will features technological innovations like a new block builder and validator network to improve network security and minimize MEV.
Powered by Optimism's OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum's mainnet.
The DeFi sector witnessed significant turbulence this week, with major tokens recording substantial losses. Meanwhile, BitLemons ($BLEM) h
Uniswap (UNI) has experienced a remarkable surge in accumulation recently, signaling that it could be poised for a potential rally. The first week of February saw over $54 million worth of UNI tokens withdrawn from exchanges, a clear indication of increasing investor interest.
PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.
Whales and other could have a say in where UNI goes next.
A major crypto whale has accumulated $16 million in UNI tokens following a significant price downturn, coinciding with Uniswap's v4 launch that promises improved efficiency and cost savings.
Uniswap price has continued to stay in the red, hovering around the $9 mark, but recent developments indicate a strong recovery ahead. For context, whales or large investors have bagged nearly $16 million UNI over the past few days, signaling a strong confidence of the investors.
Ethereum price has struggled this year as it faced numerous challenges, including the rising competition with Solana and Base. ETH has dropped to $2,815, down by over 30% from its highest level this year. So, let's explore some of the best Ethereum rivals to invest in and turn $100 to $1,000 by March 31st.
The DeFi tokens category saw an uptick on Wednesday while the biggest crypto, Bitcoin, remained under immense selling pressure. High-rolling traders have quickly moved to profit-taking mode, dumping top DeFi tokens like Aave (AAVE), Chainlink (LINK), and Uniswap (UNI).
The new version of DEX supports 10 blockchain networks: Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche and Zora Network.
A whale withdrew $4.56M in UNI, sparking speculation, but Uniswap faces growing market challenges.
