Cryptocurrency News
According to data from L2Beat, the Base network has seen a significant rise in its total value locked (TVL), increasing by 5.16% over the past week to exceed $10 billion. This achievement makes Base the second Ethereum Layer 2 network to surpass the $10 billion TVL mark, following Arbitrum. Additionally, […]
Base Chain continues to show remarkable growth, leading the way among Layer 2 (L2) scaling solutions. In the past 24 hours alone, the top three smart contracts on Base recorded a combined total of 1.7 million transactions, underscoring its rapid adoption and the surge in DeFi activity on the network. […]
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67.6% of total activity. Arbitrum follows with 22.6%, and Optimism holds 9.7%, according to data from IntoTheBlock. This shift in transaction shares marks a significant change in the L2 landscape compared to a year ago. Back […]
Base chain has experienced a significant boost in transaction volume in recent months, now commanding 40-60% of all activity across the three major Layer 2 (L2) blockchains. Base transaction volume has surged in the past months, with it capturing 40-60% of all volume among the three L2 blockchains pic.twitter.com/xusRTyGLkk — […]
As the Base ecosystem continues to expand, certain applications are making their mark, with AerodromeFi emerging as a clear leader. Currently, it commands 60% of all decentralized exchange (DEX) activity on the network, surpassing Uniswap, which holds 30%. AerodromeFi’s trading volume hit $3 billion weekly, significantly higher than Uniswap’s $1.1 […]
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited […]
The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent […]
Earlier today, a suspicious transaction involving SeamlessFi on the BASE network raised alarm after a malicious contract was deployed on September 13, 2024, at 11:57:04 UTC. Just minutes later, at 13:04:40 UTC, a hack was executed, resulting in the theft of approximately $130,000. The stolen funds were quickly bridged to […]
Ethereum’s Layer 2 (L2) ecosystem is experiencing explosive growth, with Base and Arbitrum One emerging as the top contenders, boasting over 1.5 million active addresses combined. Base, in particular, has seen a remarkable rise in 2024, with active addresses skyrocketing from near zero to 1 million in just nine months. […]
In a remarkable achievement, Base has surpassed 1 million daily active addresses, marking an all-time high for the platform. The launch of Base Name Service (BNS) on August 21st is credited as the primary driver behind this surge. This impressive growth represents a tenfold increase in daily users compared to […]
The gap between Layer 2 networks is widening, with Base now recording nearly 40% more daily active addresses than both Arbitrum and Optimism combined. As of August 2024, Base has solidified its position as a key player in the Layer 2 space, drawing significant attention from the crypto community. The […]
The Base network’s leading memecoin, BRETT, is experiencing a significant rally today, as its market cap soars back over $1 billion. In the last 24 hours, BRETT has surged over 36%, far outpacing most other major cryptocurrencies, which have struggled to post gains of more than 10%. Trading volume for […]
Over the past week, the Base blockchain has experienced a significant surge in activity. Yesterday, Base recorded an impressive 1,220,883 daily active addresses, more than doubling the activity of other Layer 2 platforms like Arbitrum, which had 494,214 active addresses, and Optimism, which had 445,222. Base Surges in Daily Activity […]
Despite a general decline in $CRASH on the BASE network, smart traders are still actively buying the token over the past two days. According to multiple reports, $CRASH has one of the fastest and strongest-growing communities on the BASE network, underscoring its potential and attracting savvy investors. $CRASH has the […]
The participants in the pre-sale of the BASE Network Meme Token $BORED witnessed a tumultuous journey today as the token’s value fluctuated wildly. Following its launch, $BORED experienced a sharp decline, only to rebound dramatically by 119% within the last 6 hours, reaching an unprecedented high. One notable investor, identified […]
On March 29th, the Base network experienced a significant uptick in activity, with the number of transactions soaring to 2.275 million. This surge in activity coincided with a substantial increase in transaction volume on the decentralized exchange (DEX), reaching an impressive $730 million. Notably, the market value of network stablecoins […]
Base is a Layer 2 (L2) network built on Ethereum. It uses a rollup technology called Optimistic Rollups to scale Ethereum by processing transactions off-chain and then batching them and submitting them to the Ethereum mainchain. This allows Base to offer cheaper and faster transactions than Ethereum mainnet. Base Overtakes […]