Base Transactions: Record of 11.447M in a Day

user avatar

by Giorgi Kostiuk

2 years ago

On November 26, the Base network reached a historic milestone with 11.447 million transactions in a single day, surpassing all other Layer 2 solutions. The popularity of Clanker and Virtuals Protocol contributed to this achievement.

New Transaction Record

On November 26, the Base network achieved 11.447 million transactions in a single day, setting a record among Layer 2 networks. This success highlights the platform's scalability and efficiency, now attracting more developers and users.

Record DEX Volume

In addition to the transaction record, the Base network recorded a monthly DEX volume of $42 billion. This is due to the growth of meme cryptocurrencies and innovative technologies like Virtuals Protocol, emphasizing the network's significance in distributed finance.

Conclusions and Prospects

Base's infrastructure and community-driven innovations are helping it become a significant player in the shifting DeFi environment. User and developer attention to the platform continues to grow.

The new records of the Base network underscore its technological power and significance in the DeFi world, attracting interest from both users and developers.

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

FINMA Approves First Swiss Retail Bitcoin ETF

Switzerland's financial regulator, FINMA, has approved its first retail ETF that invests directly in Bitcoin, allowing retail investors to gain regulated exposure to Bitcoin.

user avatarMaria Gutierrez

EIP7906 Proposal Considered for Enhancing Ethereum Transaction Safety

The Ethereum Foundation is considering EIP7906, which proposes a readonly post-transaction frame to evaluate changes and events before accepting transaction outcomes.

user avatarDavid Robinson

Ethereum Foundation Investigates Enhancements to Transaction Safety

Researchers at the Ethereum Foundation are examining native transaction assertions to enhance transaction safety and reliability in digital asset markets.

user avatarAndrew Smith

Ethereum Developers Delay Glamsterdam Upgrade on Hoodi Testnet

Ethereum developers have postponed the Glamsterdam upgrade initially scheduled for the Hoodi testnet on October 26, with no new activation date provided.

user avatarJacob Williams

Samsung and Solana to Enable Cross-Border USDC Transfers in Samsung Wallet

Samsung and Solana announced plans to integrate cross-border USDC transfers into Samsung Wallet, targeting 82 million US Galaxy devices.

user avatarZainab Kamara

More Americans Have Tried Crypto Than Last Year, But Usage Remains Flat

A recent survey shows that 22% of Americans have tried cryptocurrency, up from 18% last year, but active usage remains flat at 13%. Curiosity drives interest in crypto.

user avatarSon Min-ho

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.