Explosive Growth: Coinbase's Base L2 Skyrockets in Transactions and Unique Addresses
Coinbase's Layer 2 blockchain platform, Base, is setting new records, outpacing even Solana in terms of total value locked (TVL) with whopping $374.43 million...
- Coinbase's Layer 2 blockchain platform, Base, has experienced a surge in transactions and unique addresses, driven by the social app FriendTech.
- Base has surpassed Solana in terms of total value locked (TVL), with a TVL of $374.43 million compared to Solana's $306.93 million.
- This indicates that more users and developers are choosing Base for their decentralized applications (dApps) and financial activities.
- Base is a Layer 2 network built on Ethereum, developed in partnership with Optimism and incubated by Coinbase, offering faster transactions, scalability, and lower gas fees.
- Coinbase has introduced "Base Neutrality Principles" to ensure decentralization and neutrality for Base.
The article highlights the success and growth of Coinbase's Layer 2 blockchain platform, Base, and its potential as a preferred choice for users and developers. The sentiment is positive, emphasizing the surge in transactions, unique addresses, and TVL.