• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Record Transactions for Base: 11.4 Million in a Day on Ethereum Layer-2

user avatar

by Giorgi Kostiuk

2 years ago

Base, an Ethereum layer-2 network, has hit an impressive milestone by recording 11.4 million transactions in a single day.

Base's Popularity Surge

In the last two days, Base has experienced significant transaction volume growth, with daily transactions exceeding 11.4 million. This reflects the platform's increasing acceptance and user trust globally.

Transaction Activity Metrics

Analysts reveal that Base's decentralized exchange trading volume reached $42 billion, setting new records. Its ability to process over 70 transactions per second puts Base ahead of its competitors.

Base currently facilitates 60% of all layer-2 transactions.

Base's Role in dApp Ecosystem

Base's growth has been driven by its association with Coinbase. The expansion of its dApp ecosystem and the launch of cbBTC have increased Bitcoin accessibility on DeFi platforms, attracting investors.

Base's rapid growth and achievements emphasize its key role in the Ethereum layer-2 sector, boosting user interest and trust globally.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SparkKitty Malware Campaign Exposed by Check Point

chest

A report from Check Point reveals the SparkKitty malware campaign targeting cryptocurrency users by scanning photos on infected devices for sensitive information.

user avatarRajesh Kumar

Shiba Inu Token Experiences Remarkable 22% Surge

chest

Shiba Inu has experienced a significant price increase of nearly 22% in just one week, marking a notable change after a long period of stagnation.

user avatarFilippo Romano

Congress Proposes AI Kill Switch Legislation

chest

Congress members propose the AI Kill Switch Act to give the federal government authority to shut down AI models.

user avatarEmily Carter

Frax Governance Discusses Proposal for Early Redemptions from Locked Ethereum Pools

chest

Frax governance is discussing a proposal for early redemptions from locked Ethereum pools with a 4% penalty fee directed to the Frax treasury.

user avatarTomas Novak

Frax Governance Proposes Morpho Lending Market for bdUSD and frxUSD

chest

Frax governance is discussing a proposal to create a Morpho lending market for bdUSD and frxUSD to enhance stablecoin liquidity and borrowing demand.

user avatarKaterina Papadopoulou

EigenLayers Forum Engages in ELIP018 Proposal Discussion

chest

The EigenLayers forum is currently engaged in a debate over the draft proposal ELIP018, which introduces a framework known as RETIRE, aimed at providing a terminal exit route for restakers.

user avatarMaya Lundqvist

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.