
Uniswap Labs, the pioneering force behind the prominent decentralized cryptocurrency exchange Uniswap, has recently unveiled Unichain, a new layer 2 blockchain network aimed at significantly enhancing Ethereum’s scalability. The launch of Unichain addresses some of Ethereum’s most pressing challenges, such as network congestion and high transaction fees, which have plagued the ecosystem for years. Enhancing DeFi Transaction Speeds and Costs