The Base network is gaining momentum! 🚀 TVL exceeded $10 billion, making it the second largest Ethereum Layer 2 network after Arbitrum. Over the week, growth was over 5%, and transaction speed reached a record 106.26 TPS.
However, despite the successes, the volume of stablecoins on Base has decreased, giving way to Solana and Ethereum. Interestingly, this happened after the elections, when Arbitrum, on the contrary, showed a growth of 19%. 📊