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 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

Potential Shift in Washington's Approach to Cryptocurrency Regulation

Tom Lee highlights a possible shift in Democratic lawmakers' willingness to support cryptocurrency legislation following the midterm elections.

user avatarSatoshi Nakamura

OCC Releases New Guidelines for AI in Banking

The US Office of the Comptroller of the Currency (OCC) has released its first supervisory framework for artificial intelligence in banking, focusing on the implications of AI mistakes rather than its capabilities.

user avatarJesper Sørensen

Trump Media Technology Group Shares Experience Significant Decline

Shares of Trump Media Technology Group plunged 14.29% to $5.10, extending a decline that had been ongoing prior to the midterm elections.

user avatarRajesh Kumar

Technology Stocks Show Mixed Results After US Midterm Elections

Technology stocks showed mixed results after the US midterm elections, with some companies gaining while others declined.

user avatarLucas Weissmann

SEC Provides Regulatory Clarity for Canton Coin

The SEC classifies Canton Coin as a digital commodity, providing regulatory clarity for its issuance and distribution model.

user avatarFilippo Romano

Bitbase Launches ORIGIN Points Program to Reward User Engagement

Bitbase has launched the ORIGIN Points program to reward user engagement over 26 weeks, distributing 1,000,000 points weekly starting November 4, 2026.

user avatarEmily Carter

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.