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Tag Archives: BASE

Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?

Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant user base engagement, according to IntoTheBlock. ‘Base Spring’ The on-chain intelligence platform also found that Base’s...

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Aerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone

CoinspeakerAerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone Aerodrome, a decentralized exchange, was instrumental in helping Coinbase's Base Layer 2 network cross $1 billion in Total Value Locked (TVL), marking an enormous milestone for the network. Aerodrome Propels Coinbase’s Base Layer 2 Network to $1 Billion TVL Milestone

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Base Network’s Daily Trading Volume Surges by 51% to Reach New High

CoinspeakerBase Network’s Daily Trading Volume Surges by 51% to Reach New High The surge in trading volume and TVL highlights the growing interest and adoption of the Base protocol. The network currently sits as the sixth largest layer 2 scaling solution for Ethereum. Base Network’s Daily Trading Volume Surges by 51% to Reach New High

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Manta Pacific Overtakes Base as 4th Largest Ethereum L2

In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool.  In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence The Total Value Locked (TVL) on Manta Pacific currently stands at an impressive $850 million, leaving Base behind at $756...

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Coinbase Builds Runway for Mass Adoption of Crypto Assets and Web 3.0 Industry

With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for mass adoption with about 425 million global investors owning various crypto assets. Moreover, more governments around...

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Uniswap Rolls Out Android Version of Crypto Wallet

Uniswap wallet first launched on the Apple’ App store in April. Uniswap has responded to the high demand for its crypto wallet from Android users by rolling out a version tailored to their devices. This follows shortly after its beta launch last month. Now, all Uniswap users, including those who use Android, may carry out cross-chain token swaps at will. But there is a little restriction. So far, Uniswap has only integrated a few networks including Arbitrum, Polygon, Base, Optimism,...

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Cardano Founder Wants to Partner with Kraken, Here’s Why

For many crypto firms that are currently exploring layer-2, they have found that it opens up potential new revenue streams.  Charles Hoskinson, the founder of Cardano blockchain may be eyeing a potential partnership with top US crypto exchange Kraken. This follows after Kraken announced that it plans to improve its technological capabilities, admitting that it would need the help of a blockchain developer to do so. Although many notable contenders have also signalled their interest in...

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Kraken Seeks Partnership to Develop Its Layer 2 Network

Kraken neither confirmed nor dispelled the rumor. Reports suggesting that US-based crypto exchange Kraken is seeking partnerships to enable it to develop its own Layer 2 network solution have emerged. Per the report, the exchange is considering a partnership with Polygon, which is noted for its Ethereum scaling solutions, to build its Layer 2 network. Matter Labs and Nil Foundation are also being appraised for the role. According to unnamed sources. Kraken will partner with one of the...

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Base, the Layer-2 Network from Coinbase, Has Already Seen Tons of Action

Base – the highly anticipated layer-2 network of popular digital currency exchange Coinbase – is now live and has been available for public trading since August 9. Coinbase Allows Base to Go Live Jesse Pollak – the lead for Base and the head of protocols at Coinbase – explained in a recent podcast that the network underwent a lengthy period on the test net between February and July of this year. He commented: We’ve reached a point where we felt there was a...

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Coinbase Layer-2 Network Sees Heavy Meme Token Action

Base – the new layer-2 blockchain trading platform from Coinbase – has gotten quite big over the past few months thanks to several new meme tokens. In fact, it appears Base garnered as much as $68 million in ether over the past few weeks alone, and the network isn’t even live yet. Coinbase Layer-2 Network Sees Heavy Revenue Jumps The new meme currency that everyone seems so attracted to is called BALD, which was built atop the Base network. The asset really...

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