Base Layer 2: Huge User Surge, Fee Drop, and Strategic Moves Power Growth
Description
Base’s TVL nears $4.5 billion, with fees down 97.7% year over year. Active users grow 1,280.6%, transactions exceed 9.8 billion annually. Launch of Base App fuels SocialFi growth; ZORA token price surges 800%. Ethereum-based layer-2 network Base, which is affiliated with Coinbase, celebrated its second anniversary with notable achievements in core metrics. According to onbase, the total value of funds locked (TVL) on the network has reached nearly $4.5 billion over the past year, while transacti...
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