Base Blockchain Sees Growth: Active Addresses and Transactions Increase

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Record Number of Active Addresses
  2. Increase in Transactions and Deployments
  3. Developer Interest in Base Network


    4. Base Blockchain continues to show impressive results despite the ongoing crypto winter. Let's look at the key achievements of the project in the recent period.

    Record Number of Active Addresses

    Data from Nansen shows that the number of users of the Base network is growing and surpassing blockchains like Avalanche, Polygon, and Cronos. The number of active addresses reached a record high of over 1.964 million, up from the year-to-date low of 196,000.

    Increase in Transactions and Deployments

    The number of transactions handled by Base Blockchain jumped to 4.8 million, up from January’s low of less than 300,000. Additionally, the number of daily deployments in the network rose to an all-time high of near 18,000 earlier this month.

    Developer Interest in Base Network

    According to DeFi Llama, Base has 348 dApps in the decentralized finance industry and a total value locked of $1.57 billion, making it the sixth-biggest chain. The biggest DeFi dApps in its ecosystem are Aerodrome, Uniswap, Extra Finance, AAVE, and Morpho Blue. In terms of decentralized exchanges, Base’s dApps handled $3 billion in the last seven days, surpassing Arbitrum.

    Base Blockchain continues to achieve significant milestones, attracting developers and users with its low gas fees and high transaction speeds. In the overall stagnation of the crypto market, the growth of the Base network is a positive sign for the entire community.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin Core 321 Release Introduces Key Network and Privacy Changes

The Bitcoin Core 321 release brings significant updates to network management, privacy features, and interface adjustments, while earlier versions 312 and 304 focus on maintenance.

user avatarRajesh Kumar

Mercado Bitcoin and Sui Integrate SUI and Stablecoins for Enhanced Financial Services

Mercado Bitcoin and Sui have announced a significant integration that will allow users to access SUI, USDC, and USDsui, facilitating purchases, sales, and transfers.

user avatarMiguel Rodriguez

Polymarket Reports on October 29 Security Incident

Polymarket reports on a security breach that occurred on October 29, 2023, involving a compromised monitoring script, leading to $39 million in refunds.

user avatarLuis Flores

KuCoin Stops Services for Russian and Belarusian Users

KuCoin has announced the discontinuation of all services for users in Russia and Belarus, effective immediately as of October 29, due to legal and regulatory requirements.

user avatarArif Mukhtar

FCA Confirms HTX Has Ceased Operations in the UK

The Financial Conduct Authority (FCA) has confirmed that HTX is no longer active in the UK following a settlement regarding financial promotions.

user avatarMaria Gutierrez

Strategy's Financial Overview Highlights Cash Management and Asset Valuation

Strategy's Financial Overview Highlights Cash Management and Asset Valuation

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.