{"id":12518,"date":"2025-02-11T16:46:42","date_gmt":"2025-02-11T16:46:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12518"},"modified":"2025-02-11T16:46:42","modified_gmt":"2025-02-11T16:46:42","slug":"unichain-launch-drives-up-uni-tokens-price-and-social-activity-data-shows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12518","title":{"rendered":"Unichain Launch Drives Up UNI Token&#8217;s Price and Social Activity, Data Shows"},"content":{"rendered":"<div>\n<p>The <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/02\/10\/uniswap-labs-officially-launches-layer-2-unichain\" target=\"_blank\">launch of Unichain<\/a>, Uniswap\u2019s long-awaited layer-2 network, has seen the price of the decentralized exchange\u2019s governance token UNI rise by around 4.5% to around $9.7 and led to a significant increase in social activity and sentiment.<\/p>\n<p>UNI\u2019s price benefitted from the launch of Unichain but failed to break through the $10 mark. It still outperformed bitcoin (BTC) in the short period since the launch of the layer-2 network, as the cryptocurrency is down around 0.3% in the past 24 hours.<\/p>\n<p>Sentiment surrounding the token has remained positive since the launch, with the number of posts on X rising by roughly 30% to over 1,400 with roughly 41% of those being positive and 48% having a neutral tone, data from TheTie shows.<\/p>\n<p>The rise is notable as social media posts surrounding the token were rising in the lead-up to Unichain\u2019s launch. A Unichain block explorer <a href=\"https:\/\/unichainexplorer.chaineye.tools\/\" target=\"_blank\">shows<\/a> the network already has 15,000 active wallets and has processed nearly 100,000 transactions hours into its first day. <\/p>\n<p>One notable <a href=\"https:\/\/x.com\/haydenzadams\/status\/1889326211106844740\" target=\"_blank\">post<\/a> came from Hayden Adams, CEO of Uniswap Labs, who pointed to a promising future in which the protocol will launch \u201cmany new improvements to accelerate blockchain scaling.\u201d<\/p>\n<p>These include reducing block times, allowing most maximal extractable value (MEV) to be returned to users, an additional layer of economic security, and seamless interoperability for Unichain.<\/p>\n<p>\u201cIn other words, relentless shipping will continue until Ethereum scales and DeFi is bigger than tradfi+cefi combined. In just four months of testnet the network processed ~100M transactions. Now it&#8217;s live with 80+ projects already building on top (plus Uniswap + v2, v3, and v4 deployments already live),\u201d Adams said on X.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The launch of Unichain, Uniswap\u2019s long-awaited layer-2 network, has seen the price of the decentralized exchange\u2019s governance token UNI rise by around 4.5% to around $9.7 and led to a significant increase in social activity and sentiment. UNI\u2019s price benefitted from the launch of Unichain but failed to break through the $10 mark. It still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12518","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12518"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12518\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}