Base, Coinbase's Ethereum Layer 2 solution, has shown remarkable growth and engagement in Q2 2024. Uniswap's monthly active traders on Base surged from 20% to 55% by the end of Q2. Over the past week, Base's total transactions consistently exceeded 3 million daily, highlighting strong community engagement. Weekly active addresses on Layer 2 platforms, including Base, reached an all-time high of 8.6 million, a 20% increase. Superform ranked in the top 5 for one-month TVL change on Base with a 171% growth. Despite a market slump, network activity on Base remains at all-time high levels, partly driven by the memecoin Brett. Base and Arbitrum together process more than 50% of Layer 2 and Ethereum's throughput. Uniswap's contracts on Base ranked 1-4 based on 90-day transaction count, and average transaction fees decreased despite increased onchain activity. On June 1st, Base overtook Arbitrum in daily transactions.
On June 1st, @base overtook @arbitrum in daily transactions and never looked back During the past 7 days, Base settled over 3M transactions every single day https://t.co/u9LSD6e5rw
On June 1st, @base overtook @arbitrum in daily transactions and never looked back During the 7 days, Base settled over 3M transactions every single day https://t.co/qpCpUYblvI
Uniswap MAUs on @base stand out: https://t.co/vNCfGjLbVi https://t.co/gfOoebZejB
What happened on @base during Q2? 🦄 @Uniswap took off, with 4 of its contracts ranking 1-4 based on 90d transaction count. ⛽️Avg. transaction fees (gas used) came down, despite an increase in onchain activity compared to Q1. 🎮 Applications like @layer3xyz, @frenpetonbase,… https://t.co/3JGRHfNJBo
.@base and @arbitrum process more than 50% of Layer 2s + Ethereum's Throughput! Have you already tried this percentage view on our charts? https://t.co/zPeiYxB6Ir
Coinbases #Ethereum L2 @base continues to flourish! Despite the market slump, network activity remains at all-time high levels.📈 Likely fueled by the hype around the memecoin #Brett! https://t.co/5wHuppDfys
Superform ranks in the top 5 for 1 month TVL change on @base with 171% TVL growth 📈 https://t.co/nrFXEpcg57
Weekly Active Addresses bash through the ceiling to reach a new all-time high in Layer 2 User Base! 🎉 +20% in the past week to reach 8.6 million! @arbitrum , @base , @zksync leading the way.💨 https://t.co/sxpFzPjEf1
Base 24Hr Recap 🔵 🚨 🦾 Over the last seven days, @Base's total transactions have consistently exceeded over 3 million transactions daily. This impressive and sustained activity highlights the strong engagement within the community, fueled multiple initiatives like Onchain… https://t.co/SPmskEGHdz
At the beginning of Q2, ~20% of @Uniswap's monthly active traders came from @base. At the end of Q2, that figure is ~55%. https://t.co/zSTcslDQef