🚀 Hot crypto news! 🚀

🔹 The layer-2 network of Ethereum, Base, developed by Coinbase, just hit a record for stablecoin trading volume on October 26, capturing 30.06% market share, surpassing Solana, Ethereum, and Tron! 💪

🔹 Circle CEO, Jeremy Allaire, predicts that if this trend continues, USDC could reach $6.6 trillion annually on Base. USDC currently accounts for 62% of stablecoin volume, while USDT is at 30%, and DAI is at 7.4%.

🔹 Base also set a record with 5.6 million daily transactions on October 26, a 20% increase from the previous month. 📈

🔹 Solana still leads in stablecoin volume year-to-date with $8.6 trillion, followed by Ethereum with $6.1 trillion. However, Base is gradually gaining ground this month.

🔹 Current market share: Base 20.8%, Solana 20.6%, Ethereum 25.6%.

💬 What do you think about the development of Base? Comment to share your thoughts! 👇