Uniswap, Ethereum 
$2,383 launched Unichain, the new layer-2 solution developed for its network. Unichain aims to deliver faster block confirmation times, cross-chain interoperability, and a decentralized network of validators.
Rapid Increase in UNI Token
Following Uniswap’s Unichain announcement, the UNI token rose over 20%, recording a daily high of $8.43. According to CoinGecko data, UNI gained 23.6% in value during the week.
Reducing Block Creation Times
Unichain aims to reduce block creation times to 200-250 milliseconds. In this way, the risk of potential MEV (maximum extractable value) exploits will be reduced.
This development occurred despite the general downward trend in the crypto market. The market value decreased by 1.5% in the last 24 hours to $2.21 trillion. Bitcoin 
$60,797 Today, it fell below the 60 thousand dollar level, but rose again and reached above 60,250 dollars. Uniswap Labs CEO Hayden Adams commented: “The internet of value cannot operate on a single chain. Ethereum’s rollup-focused roadmap aims to scale with many layer-2 chains interacting with each other seamlessly. “We are excited about this vision and aim to accelerate it.” he said.
Increasing Cross-Chain Collaboration
Unichain plans to launch a community verification network in 2025. In this network, full node operators will be able to verify blocks by staking UNI tokens. Initially, Uniswap Foundation and early investors are expected to be among the largest UNI holders.
Additionally, Uniswap Labs aims to facilitate cross-chain transactions using the ERC-7683 standard developed in collaboration with Across Protocol. In this way, the need to move liquidity from Ethereum to Unichain will be reduced.
Unichain aims to make the block creation process more secure thanks to the trusted execution environment (TEE) developed in partnership with Flashbots. This cooperation is considered an important step towards reducing the negative effects of MEV.
Uniswap’s new layer-2 solution, Unichain, aims to make significant contributions to the Ethereum ecosystem. Faster block confirmation times and cross-chain interoperability can improve user experience and increase network security. These developments show that Uniswap continues to innovate despite the fluctuations in the crypto market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
