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Base Chain, a Layer 2 blockchain, has seen a significant increase in its Total Value Locked (TVL), doubling in the past month and adding $1 billion in TVL within three weeks amid a memecoin frenzy. The TVL has grown 140% in the past month, largely from natively minted tokens, bringing the total TVL to $2.29 billion. Additionally, Base TVL increased over 25% from last week, moving from $705 million to $892.6 million, with expectations to hit $1 billion this week.
Base TVL is up over 25% from last week ($705m to $892.6m), with the network on the path to hit $1b TVL this week it looks like @base szn is here https://t.co/x5rRRxnw1s
1/ @base's TVL grew 140% this past month, mostly from natively minted tokens src: @l2beat https://t.co/VHxW9eSo22
BASE CHAIN ADDED $1B IN TVL WITHIN THREE WEEKS AMID MEMECOIN FRENZY - Base Layer 2 Chain added $1 billion in Total Value Locked (TVL) over the last 20 days, skyrocketing to a total of $2.29 billion. - After its August launch, Base reached its first billion TVL milestone on… https://t.co/rZI3HviztN https://t.co/AsDC4qPCxH
