๐ Breaking Records
Coinbase’s recently launched layer-2 blockchain network “Base” has achieved a remarkable milestone, amassing over 136,000 daily active users within just a day of its official launch.
Base Now Ranks 4th in Daily TPS Among Layer 2 Solutions ๐ต#Base Layer 2 launched its mainnet yesterday and is showing robust growth in active users and transactions. Now it ranks 4th by daily TPS (Transaction per second). pic.twitter.com/pnYF0tk7b0
โ CryptoRank Platform (@CryptoRank_io) August 10, 2023
๐ Embracing Decentralization
Base’s rapid adoption highlights the growing interest in blockchain technology and decentralized platforms. The network’s user-friendly design and accessible features have attracted both new and experienced users.
๐ New User Influx
Astonishingly, around 30% of the users on August 10 were newcomers to the blockchain space. This influx of fresh participants, totaling nearly 42,000, underscores the platform’s ability to attract and onboard diverse users.
๐น Rising Among Layer-2 Solutions
Base’s popularity is further confirmed by its ranking as the 4th in daily transactions per second among layer-2 solutions, positioning itself as a strong player in the evolving crypto landscape.
๐ Transforming the Landscape
Coinbase’s Base network has quickly become a pivotal force, ushering in the “Onchain Summer.” As the platform continues to grow and evolve, it’s poised to reshape the way we engage with cryptocurrencies and decentralized applications.