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**Base Emerges as Leader in Layer 2 Ecosystem**

May 8, 2024

A recent report from Intotheblock reveals that Base has taken a strong lead in the Layer 2 protocols, attracting a substantial amount of new investment. In the last week, Base has experienced a significant influx of more than 6,500 ETH, surpassing other competitors by a large margin. This surge in deposits is twice as much as what Arbitrum has received and five times more than Optimism. The consistent rise in Base's ETH deposits indicates its increasing dominance and the growing confidence of investors. Could this influx of capital into Base be a potential signal of sector-wide recovery in the upcoming weeks?

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