
Yet another blockchain from a big brand is live. Uniswap Labs, the company that supports the popular decentralized finance application Uniswap, announced Tuesday that Unichain, its own blockchain, is open to the public. The company had initially launched a beta version of the blockchain in Ethereum, the biggest blockchain in crypto.
As more users have flooded Ethereum, the network has become slower and more expensive to use. To combat the congestion, companies have launched a flood of options over the past year. Especially as Wall Street experiments with products on blockchains, even crypto exchanges like Coinbase and Kraken have piled into the L2 explosion.