Ethereum's layer-2 network, Base, has hit a new high of 106.26 transactions per second (TPS), marking a significant leap from its previous 4 TPS in January. This surge positions Base as the fastest Ethereum layer-2 solution, outpacing Taiko. Additionally, Base's total value locked (TVL) has climbed to $10.68 billion, making it the second-largest Ethereum layer-2 by TVL, just behind Arbitrum One. The network's growth is part of a broader trend among Ethereum layer-2s to compete with fast blockchains like Solana. However, Base's rise has also attracted scammers, leading to increased phishing activities.
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