Unichain, a Layer-2 solution designed for the Uniswap protocol, stand to gain up to $500 million annually in fees that would have otherwise gone to Ethereum validators.

Uniswap is preparing to launch its Layer 2 blockchain called Unichain, designed to enhance scalability for decentralized finance (DeFi) applications. Unichain is currently in the testnet phase and aims to address the high transaction costs and slow speeds commonly associated with DeFi operations on Ethereum.

Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.

Uniswap has surprisingly outpaced the broader market with the token experiencing an outstanding 17% uptick since last week, gaining bigger retail interest. This has been caused by a recent development that provided a new level of user experience on the platform.

In the ever-evolving blockchain realm, the debate between Solana and Ethereum intensifies, highlighting unique attributes that capture the attention of investors and developers. However, to effectively engage with these dynamic assets, one needs a dependable DeFi crypto wallet.

Uniswap [UNI], one of the biggest players in decentralized finance (DeFi), has recently caught the attention of the crypto market with an impressive price increase. At the time of writing, UNI is trading at $7.62, marking a 6.52% rise within a short period.

Uniswap's launch of Unichain threatens Ethereum's dominance by capturing transaction and MEV fees on its own blockchain.

CYBRO is revolutionizing the DeFi landscape by harnessing the power of AI to maximize earning potential on the Blast blockchain.

UNI surged by 13% after the launch, and continued to maintain its value above $8.

Uniswap (UNI) has recently displayed a notable bullish recovery, capturing attention amid the ongoing volatility in the cryptocurrency market. With increased trading activity and a potential breakout on the horizon, analysts are speculating whether UNI could soar to its target price of $15 in the fourth quarter of 2024.

In a landmark development, Uniswap's CEO Hayden Adams announced on October 10 that Uniswap Labs is launching a new Layer-2 scaling solution, aptly named Unichain.

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.

Decentralized exchange Uniswap‘s UNI token surged following the announcement of Unichain, the platform's Ethereum layer-2 network. Data from CryptoSlate shows that UNI rose over 12%, reaching $8.07—the highest it's been in three months.

Decentralized exchange Uniswap is expanding in a way no one imagined. As announced recently, the trading platform said it will launch Unichain, its Ethereum layer-2 scaling solution.

Unichain's launch could significantly enhance Ethereum's scalability and DeFi accessibility, potentially reshaping the blockchain landscape. The post Uniswap debuts Ethereum L2 Unichain, UNI token surges 13% appeared first on Crypto Briefing.

Uniswap launching Unichain, a Layer 2 blockchain on Ethereum, aimed at faster, cheaper transactions and improved liquidity.

The Uniswap price surged 17% on Thursday on the back of Uniswap Labs' recent announcement of its new Ethereum layer-2 network. This development is set to increase the decentralized exchange's native token UNI's utility.

Decentralized exchange Uniswap has entered the layer-2 solution landscape with its new initiative to “accelerate Ethereum's scaling roadmap.

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Uniswap will launch an Ethereum layer-2 network called Unichain in an effort to cut fees, boost liquidity, and more.

Uniswap Labs is building a custom Layer 2 called Unichain using the Optimism Superchain, which will feature sub-second block times.

The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.

Bitcoin failed to hold above $62,000 as the crypto prices continued to battle sell-off pressure in a month that has historically been bullish. Several altcoins are however likely to mirror BTC's holding of support near $60k, including Tron (TRX), Worldcoin (WLD) and Decentraland (MANA).

The Uniswap (UNI) price has recorded a strong bullish recovery over the past few days amid increased price volatility in the crypto market. Moreover, with a potential breakout, this altcoin hints at a potential surge toward its target level of $15 this Q4! However, the resistance trendline around $7.