Unichain overtakes Ethereum in Uniswap v4 transaction volume

#Unichain , Uniswap’s native Layer 2 blockchain, has become the leading network for #Uniswap $UNI v4 transactions, surpassing #Ethereum $ETH with a reported 75% market share, according to Dune Analytics. The shift, which gained momentum in April 2025, is attributed to Unichain’s growth and a $45 million incentive program. While Ethereum continues to lead in Uniswap v3 usage, Unichain's focus on v4, lower fees, and faster transactions has driven increased adoption. Unichain currently ranks as the third-largest #Layer2 by total value locked, with $800 million.