Coinbase's blockchain platform Base is seeing a surge in activity! 🚀

According to IntoTheBlock, this is due to the launch of Coinbase Wrapped Bitcoin (cbBTC) and Base Name Service (BNS). cbBTC, which launched on September 12, has already attracted over 3,500 users and processes an average of $472 million in BTC daily.

However, it was BNS, which launched on August 21, that played a key role. As a result, active addresses on Base doubled to over 2 million!