Coinbase Layer-2 Network "Base" Sees Rapid Adoption, Surpasses 136,000 Daily Active Users
🚀 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 🔵#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
— CryptoRank Platform (@CryptoRank_io) August 10, 2023
🌐 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.
📊 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.
💹 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.
🌟 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.