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DeepNewz, mobile.
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Base, a cryptocurrency platform, has increased its gas target to 5 mgas/s from 3.75 mgas/s, aiming to lower transaction fees. The platform recently hit a record high of 2.27M transactions in a day, following a surge in activity. With over $1.14B locked in the ecosystem, Base has seen significant growth since its launch 8 months ago, offering lower fees for ETH transfers.
Big Moves in March for Coinbase's Layer-2 @base ! Transactions Skyrocketed: From 400K to 1.5M daily by March end. User Growth: Weekly active users doubled, hitting record highs. @PropyKeys + Base = Minting 🏠Made Easy Haven't minted your digital address yet? Now's the time… https://t.co/8ZDdSTfIfS
The cost of making an ETH transfer on Base has fallen ~78% since they began making gas target upgrades last week 26/03 - Median Cost of ETH Transfer was $0.081 27/03 - Gas Target upgrade #1 01/04 - Gas Target upgrade #2 02/04 - Median Cost of ETH Transfer was $0.018 https://t.co/jWrdkrhE9u
Most people aren't processing how fast @base is moving. Over $1.14B locked in the ecosystem. Launched 8 months ago. Extremely well executed. Hopefully some useful applications emerge with the lower fees that Base provides. @jessepollak @brian_armstrong @0xlght https://t.co/UgDuTUP5gu
