Uniswap has recently set a new monthly volume record on Ethereum Layer 2 chains, reaching a total of $38 billion. This increase is attributed to growing interest in the DeFi ecosystem and the rising prices of Ethereum and Bitcoin, according to Henrik Andersson, Apollo Crypto’s Chief Investment Officer.
Uniswap’s success on Ethereum Layer 2 networks, such as Base, Arbitrum, Polygon, and Optimism, shows the potential growth in the entire Ethereum ecosystem.
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