Base Hits 1M Daily Addresses, 4.3M Transactions, $4.1B Transfers

Base, a Layer 2 blockchain network on Ethereum, has achieved significant growth milestones. It recently surpassed 1 million daily active addresses, marking a substantial increase from the previous year when it had approximately 10 times fewer users.

The network is handling over 4.3 million daily transactions, with a notable rise in daily stablecoin transfer volume, reaching $4.1 billion, up 156% week-over-week.

Base’s transaction costs remain low, with median costs at $0.002. The network’s user base includes 319k Aave users. This growth is attributed to the network’s expanding ecosystem, including the introduction of new features like basenames.

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