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Uniswap V4's recent launch has sparked a wave of change in the Ethereum ecosystem, driving transaction fees to historic lows. As Uniswap reduces its gas usage significantly, it has dropped to the fourth position in gas consumption, a striking decline from prior dominance. This shift comes during a time of dropping transactional demand on Ethereum, which is expected to evolve as blobs take on a larger role amid visibility issues for Uniswap’s smart contracts across platforms. Read more insights on these developments from @especulacion.