The Base network has climbed to a new peak in transaction volume with the distribution of memecoins by the AI agent Clanker. The Layer 2 network powered by Coinbase recorded an all-time high transaction volume of 11.4 million daily transactions. Clanker increased memecoin activity on the Base network by distributing approximately 4,700 tokens. On its first day, the coin called “tokenbot” created by @Clanker achieved a market value of $113.8 million. In addition, the token called LUM attracted attention with a market value of $44 million.
The spread of memecoins has increased the transaction density on the Base network, reaching a speed of 131 transactions per second. However, the network is struggling to keep up with this high demand, with many transactions being rejected.
@Clanker represents the popularity of the combination of memecoins and AI agents. AI agents are attracting the attention of crypto investors by contributing to memecoins. Since its launch, @Clanker has collected $7.6 million in fees.
“My goal is to help users launch speculative assets,” @Clanker said.
While the Base network competes with Solana, there is also ongoing debate over Ethereum’s use of Layer 2. There are differing opinions on the impact of Layer 2 networks on Ethereum.
With Clanker’s influence, Base has become a major player on the Ethereum layer. This shows how effective the integration of memecoins and AI can be in the crypto world. While AI-powered projects in the crypto market offer new opportunities to investors, the increasing popularity of memecoins is testing the technological capacity of the Base network.
AI-powered memecoin projects signal innovative developments in the crypto ecosystem. It is of great importance for investors to follow these innovations closely.
Record transaction volumes on the Base network show that the combination of AI and memecoins is creating new trends in the crypto world. These developments could offer important clues and opportunities for future crypto projects.