BaseNetwork
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šā” Coinbase's Base layer 2 network achieves a milestone! š¼š Surpassing Ethereum, Base clocked 1.37 million daily transactions, outpacing Ethereum's 1 million. šš» However, insights from the Ethereum community member Evan Van Ness point to potential factors, mentioning that a significant portion of Base transactions could be linked to bots and spammers associated with the FriendTech ecosystem. š¤š¢ Stay tuned as the layer 2 landscape evolves! šš #BaseNetwork #Layer2Expansion #CryptoInnovation
On July 30th, #BaldBaseBald ( $BALD ), a #MeMeCoin , went live on #BaseNetwork , Coinbase's new Layer-2 based on optimism.
The Coin served as a focal point for traders on the frontier chain and made reference to Coinbase's "BALD" creator, Brian Armstrong.
The token's market cap increased to $100 Million in just two days, with over $25 million in Liquidity.
The deployer of the Token, BaldBaseBald, however, a Biggest rug withdrawn the coin, causing its price to fall by 90%, and the token's spectacular rise turned out to be a classic example of market biggest Manipulations and you say that it's one of the biggest "RugPull" too.
Always DYOR, it's NFA,
Trade with StopLoss in Crypto Currency.
#GOATMoments #BinanceTournament
The Coin served as a focal point for traders on the frontier chain and made reference to Coinbase's "BALD" creator, Brian Armstrong.
The token's market cap increased to $100 Million in just two days, with over $25 million in Liquidity.
The deployer of the Token, BaldBaseBald, however, a Biggest rug withdrawn the coin, causing its price to fall by 90%, and the token's spectacular rise turned out to be a classic example of market biggest Manipulations and you say that it's one of the biggest "RugPull" too.
Always DYOR, it's NFA,
Trade with StopLoss in Crypto Currency.
#GOATMoments #BinanceTournament
Base Network Approaches 2 Million Daily Transactions ā Trails Behind Polygon and BSC
CryptosHeadlines.com - The Leading Crypto Research Network
Base Network had more daily transactions than Optimism and Arbitrum but still fell behind Polygon and Binance Smart Chain (BSC).
Ad. Get $50 USDT Reward From CryptosHeadlines.Ā Click Here To Join
Coinbaseās layer-2 network called Base achieved a new daily transaction record, surpassing its previous high since its launch in August, as reported by blockchain explorer BaseScan.
On September 14, Coinbaseās layer-2 blockchain, Base, reached a new high with 1.88Ā million transactions, surpassing its earlier record in August when it had 1.41 million transactions during its launch month. Base outperformed rival chains like Optimism and Arbitrum, which had a combined total of 878,000 transactions on the same day.
Daily transactionsĀ chart of layer-2 network Base. Source: BaseScan
However, Base Network still trails behind more prominent blockchains like Polygon and BinanceĀ Smart ChainĀ (BSC). Polygon recorded 2.1Ā million transactions, while BSC had 3.1 million transactions on that particular day.
Itās worth noting that, unlike its previous record in August when Base had 136,000 daily active users alongside high transaction numbers, the layer-2 network had fewer users this time, with only around 86,000 daily active users on September 14, according to data from Dune Analytics.
Base officially started on August 9, offering users various functions such as bridging and swapping tokens, providing liquidity, minting NFTs, and more on its layer-2 network.
Since its launch, Base has been well-received by the cryptocurrency community. On September 6, more than 268,000 different wallets minted over 700,000 NFTs on the layer-2 network. In the first two weeks after its launch, over $242Ā million worth of cryptocurrency assets were transferred to the blockchain, and the network saw 130,000 unique wallets using it daily.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #cryptomarket #BaseNetwork #BaseChain
Base Network had more daily transactions than Optimism and Arbitrum but still fell behind Polygon and Binance Smart Chain (BSC).
Ad. Get $50 USDT Reward From CryptosHeadlines.Ā Click Here To Join
Coinbaseās layer-2 network called Base achieved a new daily transaction record, surpassing its previous high since its launch in August, as reported by blockchain explorer BaseScan.
On September 14, Coinbaseās layer-2 blockchain, Base, reached a new high with 1.88Ā million transactions, surpassing its earlier record in August when it had 1.41 million transactions during its launch month. Base outperformed rival chains like Optimism and Arbitrum, which had a combined total of 878,000 transactions on the same day.
Daily transactionsĀ chart of layer-2 network Base. Source: BaseScan
However, Base Network still trails behind more prominent blockchains like Polygon and BinanceĀ Smart ChainĀ (BSC). Polygon recorded 2.1Ā million transactions, while BSC had 3.1 million transactions on that particular day.
Itās worth noting that, unlike its previous record in August when Base had 136,000 daily active users alongside high transaction numbers, the layer-2 network had fewer users this time, with only around 86,000 daily active users on September 14, according to data from Dune Analytics.
Base officially started on August 9, offering users various functions such as bridging and swapping tokens, providing liquidity, minting NFTs, and more on its layer-2 network.
Since its launch, Base has been well-received by the cryptocurrency community. On September 6, more than 268,000 different wallets minted over 700,000 NFTs on the layer-2 network. In the first two weeks after its launch, over $242Ā million worth of cryptocurrency assets were transferred to the blockchain, and the network saw 130,000 unique wallets using it daily.
Important:Ā Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #cryptomarket #BaseNetwork #BaseChain
