When Uniswap debuted its Ethereum layer-2 network Unichain it gained more users faster than any other blockchain during its first month of existence which shows growing DeFi market preferences. 

Nansen data shows Unichain achieved 236,452 active wallet addresses during its first 30 days on its own network, which started on February 11. Despite trailing Solana with 112 million users and Base and BNB Chain with 19 million users Unichain gained quick traction that now ranks it among leading blockchain platforms.

During 30 days from its start Unichain showed large performance in decentralized trade with $217.7 billion in network activity. Unichain generated $217.7 billion in DEX transactions during its first month of operation which placed it above Ethereum Base in market share. 

Uniswap’s Growth Strategy Succeeds

Uniswap achieved growth by choosing to eliminate all initial interface fees while offering fast one-second blocks plus future plans to go as low as 250 milliseconds. Berachain started offering its service in early February and experienced success alongside other DEXs. Over the last month the network processed $3.78 billion in trades which made it rank eighth among all networks.

Berachain proved better than Unichain by drawing more than 1.7 million active users including all others. During this period only BNB Chain showed significant growth in its DEX trading volume that jumped 161% to $233.9 billion as users made it the second most-used network. 

Businesses are choosing BNB Chain and Solana over Ethereum due to excessive fees because this network trend matches market trends. Uniswap served as the top decentralized exchange until late 2024 before losing this status to Solana-based Raydium because of intense memecoin trading demands. 

Berachain Gains Early Momentum

Since March 10 Uniswap has proven its dominance by regaining the top position in total value locked network assets according to DeFiLlama records. Both Unichain and Berachain expanded while the wider DeFi sector started weakening. The industrywide total value locked dropped from $138 billion in December 2024 through to $91.8 billion on March 10. 

Solana decreased its leadership in active addresses transactions and DEX volume measurements throughout the last month. According to Nansen data Solana saw 19% fewer active users, 70% less transactions, and its DEX networks registered a 27% market value reduction. 

The Solana Network has become a popular platform for creating memecoins because famous people and political leaders use it to develop their digital assets. Investor interest has fallen while bots automatically trade coins and fraud accusations especially about an Argentine president-backed token harm market confidence. 

By introducing Unichain and Berachain into the market blockchain developers demonstrate demand for speed and cost-effective solutions compared to Ethereum. The ongoing rivalry between Uniswap and BNB Chain drives more innovation in Decentralized Finance market development.