The reason I have heavily invested in UNI during this wave of market is not because of the outstanding performance of unichain itself, but because I have been closely monitoring the data changes in the entire Layer 2 (L2) ecosystem.
Unichain can be considered a latecomer to the L2 race. To be honest, it hasn't performed particularly amazingly, and its progress has been rather mediocre. However, from core metrics like Total Value Locked (TVL) and transaction volume, it still ranks among the top five, making it one of the more resilient projects.
In contrast, the later L2 projects that emerged are clearly not doing well. Many are just for show, lacking actual support; not only is the project advancement slow, but their data performance is also dismal. Overall, these projects are highly homogenous, lacking innovation, and are now basically marginalized by the market, showing little sign of improvement, with a low likelihood of a turnaround in the future.
Projects like StarkNet, Linea, Scroll, and Blast, which once had great momentum and were hyped up significantly, now, upon closer inspection, hardly have any competitive advantages left. Their status is akin to having already 'died' once, and they have completely cooled off.
If UNI can successfully develop its Layer 2 business and combine it with unichain's offerings, it is only a matter of time before UNI's market value returns to the top ten.
