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.

Tier I

Sector: #18291

Sealed Cache 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, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Ecosystem Tokens Outperform Broader Altcoin Market

chest

Recent performance benchmarks indicate that Solana ecosystem tokens are outpacing the broader altcoin market, highlighting the active internal rotation within the network.

user avatarSon Min-ho

Arbitrum Achieves $814 Million in Daily DEX Volume

chest

Arbitrum has recorded an impressive $814 million in daily decentralized exchange volume, showcasing strong activity on the Ethereum Layer2 network.

user avatarAyman Ben Youssef

Securitize Enhances Tokenization Framework for Public Equities

chest

Securitize has enhanced its framework for tokenizing public equities, contributing to the integration of traditional assets into blockchain infrastructure.

user avatarTando Nkube

Significant Surge in Dogecoin Network Activity

chest

Significant surge in Dogecoin network activity with a 35% rise in active addresses and daily transactions exceeding 12 million.

user avatarKofi Adjeman

XRP Ledger Reaches 3 Billion Transactions Milestone

chest

The XRP Ledger has achieved a remarkable milestone by crossing 3 billion cumulative transactions.

user avatarNguyen Van Long

Cardano's Blockchain Verification Infrastructure Deployed by Major Retail Group

chest

A major retail group has successfully deployed blockchain verification infrastructure built around Cardano's ecosystem, enhancing the verification of authenticity, origin, and sustainability claims within supply chains.

user avatarSatoshi Nakamura

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.