Uniswap Labs has launched Unichain , its new Layer 2 blockchain, aiming to enhance the Ethereum ecosystem. The launch comes shortly after the introduction of Uniswap V4 , marking another major development for the decentralized exchange. Following the announcement, UNI price saw increased volatility, with traders speculating on its potential impact. Unichain Goes Live on Mainnet Unichain, which was previously available in testnet, is now live on the Ethereum mainnet. Uniswap Labs developed the new network to address fragmentation issues and improve user experience. The company aims to create a smoother and more efficient decentralized trading environment for users across multiple chains. Founder Hayden Adams stated that Uniswap has gained valuable experience from building a widely used decentralized exchange. He emphasized the importance of making cross-chain interactions more seamless. “We’re entering a cross-chain world. How do we make that feel cohesive to users?” Adams said. The Uniswap team has designed Unichain to provide faster transactions, reduce MEV (Maximal Extractable Value), and improve security. The network introduces new technologies, including Rollup-Boost, which is expected to bring sub-second block times in the coming months. How Unichain Could Influence UNI Price Following the Unichain launch, UNI price experienced fluctuations, reflecting traders’ expectations for its future performance. The Uniswap price is currently around $9.77, with a 5.79% increase over the last 24 hours. Market participants are watching whether the launch will drive UNI to reclaim previous all time highs. Technical analysis shows that UNI price faces resistance at $10.00 and $12.00. A breakout above these levels could trigger further gains toward $14.00. However, if selling pressure increases, Uniswap price could retest $8.50 or lower. The MACD indicator shows bullish signals, while the RSI hovers around 57.74, indicating a slight upward trend. However, if UNI price falls below $8.50, it could retest $7.50 as the next support zone. UNI/USD 4-hr price chart (source: TradingView) The launch of Unichain has also reignited discussions about the role of the UNI token. Although it will be used for network validation, Uniswap Labs has not confirmed whether the long-debated fee switch will be implemented. Some community members believe that enabling the fee switch could positively influence UNI price by increasing its utility. Advancements in Transaction Processing Unichain introduces a new block-building system in collaboration with Flashbots. This system is designed to improve transaction sequencing and reduce MEV risks. The network will initially feature 1-2 second block times, but the Rollup-Boost tool will later enable faster processing. Adams explained that a key challenge in Ethereum scaling is the centralization of sequencers, which handle transaction ordering. Unichain aims to address this by introducing a Validation Network, where users can stake UNI to verify transactions. “If someone doesn’t want to trust a sequencer, they can also wait for the validation network to sign off on it,” Adams said. By reducing reliance on centralized sequencers, Uniswap aims to improve security and fairness for liquidity providers and traders. These changes could further enhance confidence in Unichain, potentially supporting UNI price growth over time. Will UNI Price Reach a New ATH? The launch of Unichain has positioned Uniswap as a major player in Ethereum’s Layer 2 ecosystem. However, its effect on UNI price will depend on user adoption, network efficiency, and market conditions. Historically, major upgrades have led to price surges in Uniswap. If Unichain successfully enhances liquidity and transaction speeds, traders may see increased demand for UNI. The token previously reached an all-time high (ATH) of $19.00, and some investors speculate that further adoption could push it toward that level again. For now, Uniswap price today remains in a consolidation phase, with $10.00 acting as a key resistance. A breakout above this level could set the stage for a retest of $12.00 and potentially higher targets. Conversely, failure to hold support at $8.50 could lead to further declines. The post Will UNI Price Soar to New ATH as Unichain Launches on Mainnet? appeared first on CoinGape .
