Coinbase's Base Notches 4th Rank in Daily TPS Among Layer 2 Solutions: Data

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Coinbase's Base Notches 4th Rank in Daily TPS Among Layer 2 Solutions: Data
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Base hit 136,000 daily active users just two days after its public release.

The initial response to Coinbase’s layer 2 blockchain – Base – has been favorable so far. It has garnered substantial engagement in both DeFi operations and cross-chain bridge transactions. The daily active users on Base, for one, surpassed 100,000 for the first time. More importantly, the figure came just a day after the much-anticipated launch of the blockchain’s mainnet.

Base was already live for testing by developers but launched for the public officially with more than 100 apps and service providers on August 9th.Base blockchain went live on mainnet this week, in a move that was touted as the beginning of a new era of public companies running their own distributed networks. The positive reception was evident in terms of the total value bridged to Base, which surpassed $150 million on the day of the official launch.

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