Base Network Sees Transaction Surge, Revenue Soars Despite Decline In Success Rate

The Base network is experiencing a notable surge in transaction activity, signaling growing demand but also introducing operational challenges. This heightened usage has caused the transaction success rate to drop from around 90% to approximately 70%, reflecting the strain on network resources. Despite these hurdles, the surge in activity has significantly boosted Base’s Layer 2 … Read more

Trader Turns $115K Into $3.9M On Base wmWith Memecoin Investments

A savvy trader has managed to transform an initial $115,000 investment into an impressive $3.9 million on the Base network in under 20 days, primarily through strategic trades in memecoins.   The trader’s most notable gain came from $AIXBT, where they turned $88.5K into a profit of approximately $3 million, achieving a 34x return. Additionally, they … Read more

Base Surpasses Arbitrum As Largest Ethereum Layer 2 By TVL, Driven By Aerodrome’s Dominance

Base, Ethereum’s Layer 2 solution backed by Coinbase, has overtaken Arbitrum to become the largest Ethereum Layer 2 by Total Value Locked (TVL). This significant milestone underscores the growing influence of the Base ecosystem, which has been gaining traction thanks to the powerful support of Coinbase. Over 90% of Arbitrum holders, in contrast, remain out … Read more