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Coinbase’s BASE Shows Teeth As TVL Nears Solana

by
September 18, 2023
in Crypto
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Coinbase’s BASE Shows Teeth As TVL Nears Solana

Ethereum-based Layer 2 network “Base” has put on an impressive performance yet again, with its Total Value Locked (TVL) coming close to one of the most notable blockchains.

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The blockchain network also managed to surpass Solana in terms of transaction volume and number of unique addresses. In the past two months, the blockchain network has experienced an immense increase in transaction volume and number of unique addresses more than that of Solana. Data from IntoTheBlock shows an impressive increase of 1.88 million daily transactions on September 16, 2023.

Currently, Base surpassing Solana in transaction volume, and the number of unique addresses is one of the most impressive achievements of the blockchain network, due to Solana being one of the most notable blockchains in the crypto ecosystem known for its speed and scalability.

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News Wire

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