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April 25, 2025, Shanghai — — Base, the Ethereum Layer 2 network developed by Coinbase, reached new milestones this week with Total Value Locked (TVL) hitting $3.344 billion, a 20.39% increase in 24 hours, continuing to lead the Layer 2 landscape.
Key Data Snapshot:
TVL: $3.344B (up 18.30% weekly), surpassing Arbitrum ($2.26B) and Sui ($1.642B)
Active Addresses: 944,000, with a daily peak exceeding 1.2 million
Transaction Volume: DeFi transactions worth $2.86B; cross-bridge transactions at $12.852B, second only to Ethereum
Developer Ecosystem: Base aims for 50M gas/s this quarter — a 20x scaling since launch
Latest Ecosystem Updates:
1.Enzyme.Blue is live on Base! Projects can now utilize Enzyme.Blue’s all-in-one platform to directly launch tokenized strategies and financial products on Base.
2.Inco Lightning, a solution enabling developers to build confidential apps on existing blockchains, is now live on Base Sepolia. Developers can create foundational on-chain use cases like private payments, ... 0 reply
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