Base, a layer 2 blockchain, has launched the Onchain Summer Registry, a decentralized platform allowing anyone to submit their projects. This initiative aims to foster global participation in the blockchain ecosystem. The network has seen significant growth, with over $2.68 billion in stablecoin transfer volume recorded yesterday, marking an 867% month-over-month increase. Uniswap is a major contributor to this activity. Additionally, Base has become the second largest Ethereum layer 2 by Total Value Locked (TVL), reaching $7.63 billion just 10 months after its launch. The efficiency of Base as a transaction processor has also driven up Ethereum DEX volume, with transaction fees significantly lower than on the main Ethereum network, with fees on plain Ethereum swaps at $8.09.
Base 24 Hr Recap 🔵 🔵 As @Base launched OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ a week ago, they have recently invited global participation through its Onchain Summer Registry. This open and permissionless initiative welcomes submissions of apps, mints, games, and dreams from anyone in the… https://t.co/Y8U3acRF64
Congrats @base on becoming the 2nd largest Ethereum L2 by TVL with $7.63 billion 10 months after the launch! Propy is thrilled to be part of the Base ecosystem and community of executors and believers that the onchain is the new online💙 !
Which blockchains have seen the biggest shifts in category activity YTD? @base (seen below), @arbitrum and @0xPolygon have all seen dramatic shifts A 🧵 of charts https://t.co/wKHVrUgoNI
🔵 Build on @base ✨ Build on Base and be rewarded 📢 Build on Base and get distribution 👤 Build on Base and attract more users 🌍 Build on Base and bring the world onchain
Ethereum DEX volume is on the rise, driven by the efficiency of @Base as a layer 2 transaction processor. Fees on plain Ethereum swaps: $8.09 Fees on Base pre-processed Ethereum swaps: <$0.01 https://t.co/iqyNOGMrG4
Activity on @base continues to surge, as more than $2.68B of stablecoin transfer volume occurred on the network yesterday, a new all-time high and an increase of 867% month-over-month. In terms of applications, @Uniswap is a large driver of this activity and has now surpassed… https://t.co/1B1Frorj3j
🚨 Introducing the Onchain Summer Registry No more: "How do I get accepted into Onchain Summer" Lots more: "I created something awesome that I want people to use" Because, we just launched a decentralized registry where anyone can submit what they've built. And, we'll be… https://t.co/Fd7ASokK75