Base network has achieved a leading position among Layer 2 solutions one year after its launch, topping the charts in daily active addresses, daily transactions, fees, and contract deployers. Additionally, the total circulating supply of USDC on Base has surpassed $2 billion, marking a 548% growth in just one month, positioning Base as the third largest network in terms of USDC market cap, behind Ethereum and Solana. This significant growth in Base's ecosystem, often referred to as 'Base Season,' is supported by data from various sources including Artemis and QuickNode's Q1 2024 OnChain Report, which provides an in-depth analysis of blockchain consumer behavior, developer trends, and the venture capital investment outlook.