New Coinbase Ethereum Layer-2 Surges to New All-Time High in Daily Transactions, Outpacing Arbitrum and Optimism - The Daily Hodl
Coinbase’s new Ethereum (ETH) layer-2 scaling solution Base set a new all-time high in terms of daily transactions on Thursday....
- Coinbase's layer-2 scaling solution, Base, achieved a new all-time high in daily transactions, surpassing 1.8 million on September 14th.
- This record-breaking number exceeded the combined total transactions processed by its competitors, Arbitrum and Optimism.
- Base, powered by Optimism, aims to onboard over a billion people into the crypto economy and is compatible with Ethereum, Ethereum layer-2s, and alternative layer-1 blockchains.
- Coinbase has no plans to launch a network token associated with Base.
- Optimism's token (OP) is currently valued at $1.38, experiencing a 2.2% increase in the past 24 hours and a 6.1% increase in the past seven days.
- Arbitrum's token (ARB) is trading at $0.788, with a decrease of 2.1% in the past day and a decrease of 12.5% in the past week.
The article highlights the success of Coinbase's layer-2 scaling solution, Base, achieving a new all-time high in daily transactions. The sentiment is positive, emphasizing the potential of Base and its impact on the crypto economy.