#Base Surpassing Solana with a Total Asset Value Locked of Nearly 400 Million USD

In September, the Total Value Locked (TVL) on Coinbase's layer 2 Base network recorded a notable increase, increasing to 397.32 million USD, surpassing the TVL of the Solana network. Specifically, Base's TVL has increased to 97.21%, while #Solana 's TVL has decreased by 9.64%.

The two most important projects on the Base network are currently the decentralized exchange Aerodrome Finance with TVL reaching 97.83 million USD and the decentralized social media application Friend.tech with TVL reaching 36.53 million USD.

Although the current market is going through a downtrend, it seems that layer 1 and layer 2 networks are still competing head-to-head to attract users and maintain high TVL, marking a lively competition.