Base transactions peak to a new all-time high, beats Arbitrum and Optimism Mainnet combined

FXstreet
FXstreet

15 Sep 2023 9:09 PM

Base, the Layer-2 (L2) chain for the Coinbase ecosystem, recorded a striking number of daily transactions on September 14, outperforming its peers in ...

  • Coinbase Layer-2 chain Base reached a new all-time high in transactions, approaching 2 million.
  • Base outperformed its peers Arbitrum and Optimism in terms of transaction volume.
  • The surge in transactions is attributed to the new social application Friend.tech, built on the Base chain.
  • Friend.tech has steadily increased its number of transactions and has an upcoming airdrop, driving user activity.
  • Data shows increasing capital inflow into Friend.tech, with a total value locked of $32.99 million.
  • Base has emerged as a strong contender in the Ethereum Layer-2 ecosystem, despite being only two months old.

The article highlights the success and growth of Base, particularly due to the popularity of the social application Friend.tech. The sentiment is positive, emphasizing the achievements and potential of Base and its ecosystem.

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You May Ask

What is the transaction volume of Base compared to Arbitrum and Optimism?What is driving the surge in transactions on the Base chain?How many transactions has Friend.tech recorded?How has the total value locked in Friend.tech evolved over time?How has Base performed in the Ethereum Layer-2 ecosystem compared to other contenders?

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