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The layer 2 network @Base, incubated by Coinbase, has seen significant growth with its total value locked (TVL) reaching $3 billion, surpassing $100 million in TVL in a short time. Base is experiencing a surge in transactions and fees, outpacing Ethereum in some aspects. With increasing VC interest and support from Coinbase, Base is poised to become a key player in the global onchain economy.
Base has overtaken leading L2s (daily transactions) 😯 https://t.co/ciTzDcE7sZ
🛒💳 @base has overtaken all leading L2s in terms of daily transaction count. https://t.co/qepwRzQk5S
Ethereum L2s are now constantly processing 10x more transactions than the L1 Ethereum is scaling🙌 https://t.co/2bdGBysYvy