Tag Archives: BASE

The price front remains quiet, but Ethereum scaling solutions appear to be thriving. The latest data suggests a surge driven by not just Layer 2 networks but lesser-known Layer 3 entities as well. According to L2beat, these scaling networks built on top of Ethereum have collectively reached over 246 TPS on June 16, representing a new all-time high. This, in turn, translated to an estimated 21.2 million transactions over the course of the day. A higher transaction per second...

CoinspeakerCardano Just Lost Top Project to Base L2: Details The Ape Society's decision to bridge to Base is centered around Social Finance popularly referred to as SocialFi. Cardano Just Lost Top Project to Base L2: Details

Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as Friend.Tech. Friend.Tech’s model, which financializes social interactions, has drawn attention, particularly with the launch of its version 2 platform and the airdrop of its FRIEND token. Additionally, Base has experienced a notable surge in the supply of USDC on its...

CoinspeakerFranklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions Besides the rising activity on SociaFi, Franklin Templeton also attributed the rise in activity on Base to meme coins and an increase in the supply of Circle’s USDC stablecoin on the network. Franklin Templeton: Ethereum L2 Base Commands 46% of SociaFi Transactions

Layer 2 networks have witnessed massive activity this year, even as their native tokens slumped amidst intense volatility across the broader market. These solutions have witnessed relatively steady activity since the beginning of the year. However, the latest analysis by IntoTheBlock revealed that Base continues to be the primary attraction for new capital. Investors Flock to Base Over the course of this week, net ETH deposits into the Base have exceeded 6,500 ETH, marking a...

CoinspeakerCrypto Thefts on Coinbase’s Base Chain Rose by 145% in April The Base chain appeared to be targeted more in April as a report states a 145% monthly increase in crypto thefts. Crypto Thefts on Coinbase’s Base Chain Rose by 145% in April

CoinspeakerSolana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors Bonk Killer amassed a market value swiftly. Howeve­r, this growth halted abruptly when traders found the­y couldn't sell their tokens. Solana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors

The highly anticipated Dencun fork on March 13th has significantly boosted the adoption of Layer 2 solutions on Ethereum. This was evidenced by the surge in increased activity post-upgrade. Intotheblock’s latest analysis revealed a similar trend as it noted a surge in the number of transactions on Ethereum’s layer 2 solutions after the Dencun upgrade. The statistics indicate a staggering 196% rise in transactions settled on the leading layer 2 platforms, climbing 5.67 million...

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...

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