Coinbase's Ethereum Layer 2 network, Base, is experiencing significant growth and milestones. Base has reached an all-time high in Total Value Locked (TVL) and has become the number two Ethereum rollup. It has also overtaken Arbitrum in the number of daily transactions, recording 2.53 million transactions compared to Arbitrum's 1.87 million. Base is on track to become the leading network for stablecoins among Ethereum Layer 2 solutions. In financial terms, Base has generated $6.98 million, surpassing other networks like Optimism and Scroll. Coinbase is also preparing to launch a smart wallet on Base, further driving activity. The network's success is attributed to its goal of creating a global onchain economy that fosters innovation, creativity, and freedom. Coinbase has also announced that the founders of 0xstation will join the team to enhance Base and the Coinbase Developer Platform. Additionally, Elliptic has enabled support for Base, and B.Protocol is collaborating on MetaMorpho vaults. The upcoming Onchain Summer event is expected to further boost Base's adoption.