Base, the Layer-2 (L2) chain for the Coinbase ecosystem, recorded a striking number of daily transactions on September 14, outperforming its peers in
Layer-2, ecosystems in that space are recording commendable transformations. At first, competition was between Optimism and Arbitrum, before ZkSync Era jumped in, and now Base is putting up a strong fight, ascending to the top three on metrics of total value bridged, despite being only two months old.IntoTheBlock acknowledges this evolution, with the L2 ecosystems each becoming “more specialized in its own niche.
In terms of unique addresses and transactions, Base L2 is at the helm, a privilege inspired by the extensive reach of Coinbase. Notably, Base debuted under the incubator program of Coinbase. This head start positioned Base in a favorable position for the likes of Friend.tech to build.After the Merge, the Ethereum community is looking at the Sharding upgrade next, which has been slated for sometime later in the year.
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