According to BLOCKBEATS, the price of AERO exceeded $1.9 last night, and the TVL of the Base ecosystem also exceeded $4 billion. On April 6, Base's daily transaction volume reached 2.4436 million, a record high. Since March 14, the Base network has maintained a daily transaction volume of over 1.1 million. The DAU of the social protocol Farcaster has also reached a second small wave recently, breaking a record high.
Farcaster's first wave of user growth was in early February 2024, when Farcaster's largest front-end protocol Warpcast launched a new feature, Frame, which added a lot of interactivity to social applications. In early March, after the Cancun upgrade was implemented, the Base ecosystem activity increased sharply, and Meme coins led by DEGEN became Base and also injected a second wave of blood into Farcaster.
Recently, Warpcast has updated its in-app features again and launched the Actions feature, which can be used to add features that are not a core part of the Farcaster protocol. The founder of Warpcast likened it to a "Chrome extension for social applications."
On March 28, Degen announced the launch of the low-cost Layer 3 blockchain Degen Chain, which pushed the price of DEGEN to a new record high and triggered a wave of speculation on the Degen chain. Lan Lee, a developer of Degen China, praised the launch of Degen L3 as the "iPhone moment" of the crypto market in an interview, saying that it would greatly enrich the on-chain ecology.
