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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.
The following is a guest post by Rob Viglione, CEO of Horizen Labs.
In the past year, there have been some major milestones along the Ethereum roadmap that have leveled up the network.
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.
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ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support.
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Ethereum co-founder Vitalik Buterin announced a change in how he will discuss Layer 2 (L2) projects starting next year.
In a Sept. 12 X post, Buterin said he would only publicly recognize L2s that have reached Stage 1 or higher in their decentralization efforts regardless of his investment.