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Dec 27, 03:00 PM
Base Achieves 8 Million Daily Transactions, $3.5 Billion Total Value Locked, $1.2 Trillion in Transfers in Q4 2024
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Base Achieves 8 Million Daily Transactions, $3.5 Billion Total Value Locked, $1.2 Trillion in Transfers in Q4 2024

Authors
  • Altcoin Daily
  • Grayscale
  • Sandeep WILDER (※,※)
15

Base, an Ethereum layer 2 solution, has achieved remarkable growth in the fourth quarter of 2024, processing over 8 million transactions daily, a significant increase from just 500,000 in March. The network has also seen a total value locked of approximately $3.5 billion and has facilitated a $10 million raise for MegaETH in a matter of minutes. This surge in activity highlights Base's position as a leader in the rollup ecosystem, outpacing competitors. Meanwhile, Polygon continues to be a trusted choice for Ethereum scaling, with its super users growing by 600,000 to 2.1 million this year. The overall economic activity on Base includes a staggering $1.2 trillion in stablecoin transfers, reflecting its impact on the blockchain landscape as it prepares for further scaling enhancements with Reth integration.

Written with ChatGPT (GPT-4o mini).

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