Uniswap Labs has transitioned its new Layer 2 blockchain, Unichain, to the main network, aiming to enhance the Ethereum 
$2,604 ecosystem. This announcement follows the unveiling of the Uniswap V4 update. Consequently, fluctuations in the UNI ($9.33) token price were observed shortly after the event.
Technological Advancements of Unichain
Previously tested in a sandbox environment, Unichain aims to provide users with a smoother and more efficient transaction experience. The new block creation system organizes transaction sequences while minimizing MEV risks. Thanks to Rollup-Boost technology, sub-second block times are anticipated in the coming months.
Following the launch of Unichain, both increases and decreases in the UNI price were noted. Currently trading at approximately $9.77, the token experienced a 5.79% rise within 24 hours. In technical analysis, resistance levels are identified around $10 and $12, with breaki…
