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. […]
Tag: Base
Base Reaches New Heights: 1 Million Daily Active Addresses And Counting
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 […]
Base Surges Ahead In Layer 2 Networks, Dominating Active Addresses And NFT Creation
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 […]
Base Memecoin BRETT Surges Amidst Market Excitement
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 […]
Base Sees Unprecedented Surge In Daily Activity And Transactions
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 […]
Smart Traders Accumulate $CRASH Despite Overall Market Decline
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 […]
BASE Network Meme Token $BORED Pre-Sale Participants Ride Roller Coaster Of Price Swings
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 […]
Base Network Witnesses Surge In Transactions And Launch Of Mfercoin
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 Becomes The Most Profitable L2 Network In August Ahead Of zkSync and Arbitrum
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 […]