🚀 Base, an Ethereum Layer 2 project developed by Coinbase, has seen tremendous growth since its mainnet launch on August 9, 2023. According to a recent report from Delphi Digital, daily transactions on Base surged 1,600% in 2024, from 372,000 in January to over 6.63 million in October.

📈 Base’s TVL also rose from $439 million to $2.51 billion, a 470% increase. This is thanks to the popularity of Aerodrome, which accounts for over 40% of the network’s TVL. Weekly active addresses surged 2,100%, from 300,000 in January to 6.61 million in October.

💰 Stablecoin adoption on Base has also skyrocketed, with weekly volume growing from $620 million to $55 billion. Base is now ready to process mass payments with stablecoins as a universal medium of exchange.

What do you think about Base’s growth? Let’s discuss in the comments column!