Base, a blockchain platform, has rapidly become a prominent destination for Circle's USDC stablecoin, boasting the second-highest liquidity after Ethereum. Over the past week, Base has averaged approximately 1.8 million daily transactions, surpassing Ethereum's average by nearly 40%. The platform has also achieved a significant milestone by surpassing $3 billion in total stablecoin market cap for the first time, marking a 23% increase over the month. This growth is accompanied by notable gains in total value locked (TVL) across various protocols within the Base ecosystem. Additionally, Base offers low transaction fees and is closing the gap with Arbitrum.
🔵Top 10 Protocols With Largest 7D TVL Gains On Base Ecosystem Check out the top 10 protocols on the @Base showcasing the largest 7-day TVL gains! Are you riding the wave with any of these protocols? @A51_Fi @hinkal_protocol @graceprotocol @SatoriFinance @WombatExchange… https://t.co/UUEQRnV5Xp
Hard Not To Be Bullish On The @Base Chain.
Base has now surpassed $3B in total stablecoin marketcap for the first time ever, up 23% on the month and the network continues to close the gap with Arbitrum. Wild momentum @base 😈💪 h/t @growthepie_eth https://t.co/4SQBZRq5PU