L2 is a strong narrative for the new cycle of 2023-2025. In addition to the well-known #ARB and #OP.
Each L2 is leading the way: Binance users-> opBNB L2 Coinbase Users-> Base L2 Bybit users-> Mantle L2 Metamask Users-> Linea L2
Today we will briefly talk about the emerging #BASE BuildOnBase
#Base is an ETH L2 scaling solution built using the Optimism Stack.
Follow the vision of the "Super Chain Project" to improve the interoperability of the L2 ecosystem.
Coinbase describes it as a "product designed to bring the next billion users into web3."
Base has 4 core principles: • Secured by ETH • Authorized by Coinbase • Low cost • Open source
The latest BASE data exceeded expectations.
First, the daily trading volume on BASE .
They respectively exceeded , #ARB #BASE: 1.4 million US dollars #ARB: 558,000 US dollars #OP: 405,000 US dollars Second, the daily income on the BASE chain. They respectively exceeded #OP , #ARB #BASE: 145,000 US dollars
ARB: 30,000 USD
OP: $18,400
Judging from the data of DefiLlama , the overall TVL is one of the few projects that has continued to grow for nearly a month in such a sluggish market.
Conclusion: BASE still needs to be paid attention to. Generally, public chains often have the three major components of DEFI: DEX, lending, and yield farming. There are also NFT markets, GAMEFI markets, etc. At present, the overall ecological project has a relatively low market value and is worth focusing on for a long time.
