Base, a Layer 2 blockchain, is experiencing rapid growth and adoption. Weekly active addresses on Base have reached 6.5 million, which is 3.5 times more than Ethereum's. The network has also crossed $8 billion in Total Value Locked (TVL) and is leading on platforms like Uniswap and Aave. Additionally, stablecoin payments and smart wallets on Base are seeing exponential growth. The recent progress, just one week into onchain summer, has positioned Base as a strong competitor to Solana.
Into the Ether is back! -ETH ETF -Surviving crab market -@base summer -L2 activity and improvements -@zksync airdrop -@coinbase championing Ethereum -"dot eths" aren't going anywhere Links below 👇
✨ Weekly Recap 012 ✨ You can feel it in the streets, it feels like (onchain) summer Top launches from @base's Onchain Summer, @withBackdrop's Build V4, @farcaster_xyz , and @hypersubxyz Peep the thread for the full scoop 👇 https://t.co/mGIMKirLZ7
ICYMI: Newcomer Base challenges Solana with rapid adoption Read the full article 👇 https://t.co/zzD0T7ZNO6 https://t.co/ITjJLJf3VV
ICYMI a quick thread on recent @base progress: 1. consistently the most used L2 2. TVL crossing $8B 3. leading network on @uniswap and @aave 4. stablecoin payments exponentially growing 5. smart wallets starting to take off and we're only one week into onchain summer.
Another 7.5% push to break the Weekly User Base all-time high. Weekly active addresses on Layer 2 are now 6.5 million - 3.5 times more than Ethereum's! 👀 https://t.co/9I3vGRYzf3