Base, a layer-2 network incubated by Coinbase, is making significant strides in the blockchain industry, marked by a surge in transaction volume and developer interest. Despite a reported 75% transaction failure rate on Solana, Base is emerging as a preferred platform due to its fast and cheaper transactions, offering exposure to Ethereum. With features like on-chain applications, instantaneous on/off ramps via centralized exchanges, and smart wallet onboarding, Base is positioned to dominate the social finance scene. The network has seen a 5x increase in daily transaction count over the past month, with Uniswap being one of the primary beneficiaries. Jesse Pollak, a notable figure in the industry, believes Base could onboard the next 100 million users, potentially becoming the largest on-chain economy after Ethereum. This growth is further supported by the integration of Chainlink Functions, providing developers with access to real-world data and AI models. Despite the competition, Solana maintains a higher total transactions per second (TPS) rate, but Base's focus on successful transactions and developer-friendly environment is attracting significant attention, boasting over $1 billion in TVL and being 2-3x more popular as an application platform than Ethereum mainnet.