🚀 Ethereum Layer-2 Base just reached a record 106.26 TPS, far surpassing Taiko, with a TVL of over $10 billion! 📈

- TPS increased nearly 28% since November 23, from just 4 TPS in January. Base is challenging Solana with this speed.

- Base's TVL reached $10.68 billion, ranking second after Arbitrum One ($18.3 billion).

- The total TVL of Ethereum Layer-2 reached $49.3 billion.

Base has also surpassed 1 billion transactions, mainly due to the memecoin craze. However, this has also led to many scams.

Base has implemented fault proofs to move towards decentralization.

💬 What do you think about this development? Share your thoughts!