Trading volumes on the Uniswap platform have shown unusual dynamics recently. Ethereum (ETH) remains the leader with impressive figures of $9.33 billion over the past 24 hours. The dominance of this blockchain in the Decentralized Finance Ecosystem (DeFi) confirms its status as a major player in the market. However, Layer 2 solutions and new networks are rapidly gaining popularity, gradually changing the balance of power. Arbitrum took the 2nd place with $5.88 billion. The increase in trading volume in this network is explained by low commissions and high speed of transactions, which attracts more traders and projects. Base, created by Coinbase, demonstrated a result of $3.79 billion, quickly securing its place among the leaders.
Polygon remains a stable participant of the segment with $993 million of transaction amount. Although this is lower than Ethereum or Arbitrum, the network retains its appeal thanks to the available tools for developers and support for DeFi applications.
New projects, including Sei and Mantle, have also started to make their mark. Although their performance is not yet comparable to the leaders, development prospects are encouraging. Experts say that Layer 2 solutions such as Arbitrum and Base have the potential to take market share away from Ethereum in the future. Their success is due to their scalability and lower costs for users. However, ETH remains a key asset for now due to liquidity and a large user base. Uniswap’s data emphasizes that the DeFi landscape continues to evolve. Layer 2 and new networks not only complement Ethereum’s capabilities, but also set the vector for further development of decentralized finance. Investors and traders should keep an eye on this trend so as not to miss out on new prospects.
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