🚀Layer 2 networks are buzzing, but Base is stealing the show!💥 Despite market volatility, Base has seen a whopping 6,500 ETH in net deposits this week, outpacing rivals like Arbitrum and Optimism.👀
Why Base? It could be its solid infrastructure or its reputation for reliability. Launched by Coinbase in 2023, Base aims to speed up transactions and cut costs.🔥
📈After Ethereum's Dencun upgrade, Base's daily trading volumes soared past $1 billion, closing the gap with Coinbase's main exchange.
But watch out!🚨 Base's popularity has also attracted scammers. Two of the top 10 largest single thefts this month happened on Base, with scam activity up by 1,900% since January.
🗣️What's your take on Base's rise? Are you investing in Layer 2 networks? Let's chat in the comments! #DeFi #Layer2 #CryptoNews
(📰: CryptoPotato)