
Base, a Layer 2 blockchain, has seen significant growth over the past month. The network's Onchain Summer campaign has driven impressive metrics, including 1.5 million daily active addresses (DAAs), $2 billion in total value locked (TVL), and 5 million daily transactions. Additionally, USDC transfer volume on Base has surpassed $10 billion on average per day over the past 30 days, making it the leading chain for USDC transfers during this period. Base's TVL increased by 55.5% in the past month. The recent Onchain Data Hackathon, co-hosted by Our Network and Artemis, highlighted these achievements along with other developments in the Layer 2 space.
.@Ronin_Network hits 1.18M+ DAA Now the 3rd most used blockchain and 2nd among gaming chains 4 recent ecosystem highlights ⤵️ https://t.co/Fde2fEUr2D
Headlines from the Data Hackathon issue: 📈 @Base crossed 1M DAAs, $2B TVL & 5M daily transactions. 📈 https://t.co/k9bJtXo4vd v2 crossed 8.7M bridge transactions. 📈 @Solana’s staking TVL reaches 66% of @Ethereum’s in September 2024, with over $58 billion staked. Read the…
Base +55.5% and Sui +61.7% in TVL the past month Base on track to flipping Arbitrum and Sui on track to flipping Avalanche soon https://t.co/Gt1ZEoreBK

