Ahmad.base.eth🔵

@am3

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Ahmad.base.eth🔵

Hello guys💙 @base Onchain Daily Snapshot (11/22/2024) Active Addresses: 1.56M Transaction Count: 7.24M Total Value Locked (TVL): $10.23B Stable TVL: $3.29B Revenue: $312.74K Paid to L1: $11.50K Onchain Profit: $301.24K Transaction Cost: $0.004 (No change) Summary: The network activity remained stable with no significant changes in key metrics. The steady TVL at over $10B underscores continued user trust and liquidity. Active addresses and transaction counts maintained consistent levels, reflecting sustained engagement. Gas fees are predominantly driven by DeFi, showcasing its ongoing importance within the ecosystem. The absence of fluctuations in revenue and onchain profit suggests stable economic performance. Base continues to demonstrate resilience and consistent user adoption, solidifying its position as a leading Layer 2 solution. @jessepollak

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Ahmad.base.eth🔵

@base Onchain Daily Snapshot (11/19/2024) Active Addresses: 1.17M (-11.36%) Transaction Count: 7.68M (+2.13%) Total Value Locked (TVL): $10.23B (+0.29%) Stable TVL: $3.31B (-0.60%) Revenue: $320.58K (-16.96%) Paid to L1: $14.31K (+49.06%) Onchain Profit: $306.28K (-18.65%) Transaction Cost: $0.008 (0.00%) Summary: The Base network maintains a robust liquidity profile, with TVL exceeding $10B, reflecting consistent adoption. While active addresses saw a notable drop, transaction count continues to rise, signaling sustained user activity. Stable TVL dipped slightly, suggesting a minor fluctuation in stablecoin holdings. Revenue and onchain profit declined, highlighting potential shifts in network activity or fee structures, though increased Layer 1 payments may reflect cross-chain demand. Transaction costs remain stable, reinforcing affordability. With DeFi retaining its dominant position, Base showcases resilience and innovation as a leading Layer 2 solution. @jessepollak

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@base Onchain Daily Snapshot (11/18/2024) Active Addresses: 1.32M (0.00%) Transaction Count: 7.52M (+3.72%) TVL: $10.12B (-0.78%) Stable TVL: $3.31B (-0.60%) Revenue: $386.09K (+19.37%) Paid to L1: $9.60K (-47.86%) Onchain Profit: $376.48K (+23.42%) Transaction Cost: $0.008 (-40%) Summary: The Base network continues to demonstrate strong transactional activity and profitability with increasing revenue and cost efficiency. While liquidity experienced slight reductions, overall growth metrics highlight a robust and active ecosystem. @jessepollak

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@base Onchain Daily Snapshot (11/17/2024) Active Addresses: 1.32M (+14.78%) Transaction Count: 7.25M (+7.10%) Total Value Locked (TVL): $10.20B (-1.26%) Stable TVL: $3.33B (0.00%) Revenue: $323.45K (+9.91%) Paid to L1: $18.41K (-33.05%) Onchain Profit: $305.04K (+14.36%) Transaction Cost: $0.013 (+30%) Summary: The network achieved a remarkable milestone with TVL crossing $10B, signaling heightened liquidity and adoption. Despite a slight dip in TVL compared to the previous day, stable TVL held steady, reflecting resilience in stablecoin holdings. The rise in active addresses and transaction count underscores increased user engagement. Higher revenue and onchain profit signal positive economic activity, though the surge in transaction cost may prompt scalability considerations. With DeFi dominance persisting, Base continues to establish itself as a leading Layer 2 ecosystem, fostering innovation and user growth. @jessepollak

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@base Onchain Daily Snapshot (11/16/2024) Active Addresses: 1.15 million up 5.50% from the previous day. Transaction Count:6.77 million, down 7.01%. Total Value Locked (TVL): $10.33 billion, up 6.16%. Stable TVL: $3.33 billion, unchanged. Revenue: $294,271, down 39.65%. Paid to L1: $27,491, up 8.95%. Onchain Profit: $266,781, down 42.31%. Transaction Cost: $0.0135, up 30%. Key Observations: The number of active addresses increased, indicating growing user activity. However, the transaction count decreased, suggesting lower overall activity. The TVL increased, showing more assets locked in the platform. Revenue and onchain profit declined, possibly due to lower activity or changes in fees. The breakdown by category shows that the majority of gas fees and transactions are associated with unlabeled activities. @jessepollak

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@base Onchain Daily Snapshot (11/15/2024) Active Addresses: 1.09M (-9.92%) Transaction Count: 7.28M (+6.74%) Total Value Locked (TVL): $9.73B (+0.93%) - New All-Time High Stable TVL: $3.33B (-0.30%) Revenue: $487.69K (+0.24%) Paid to L1: $25.23K (+417.42%) Onchain Profit: $462.45K (-3.99%) Transaction Cost: $0.013 (+30%) Summary: Base achieved another all-time high in TVL at $9.73B, reflecting sustained growth and increased liquidity. While active addresses saw a notable decline, the surge in transaction count suggests intensified activity among fewer users or bots. Stable TVL saw a slight dip, indicating a small outflow of stable assets. Revenue remained steady, but onchain profit dipped slightly, hinting at increased operational costs. The rise in Layer 1 payouts and transaction costs reflects growing network activity but highlights the need for further scalability optimization. Base continues to solidify its position as a leading Layer 2 network. @jessepollak

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Ahmad.base.eth🔵

@base Onchain Daily Snapshot (11/14/2024) Active Addresses: 1.20M (-0.83%) Txn: 6.82M (+2.40%) TVL: $9.64B (+1.69%) - ATH Stable TVL: $3.34B (+0.60%) Revenue: $486.54K (+20.23%) Paid to L1: $4.88K (-69.11%) Onchain Profit: $481.66K (+23.88%) Txn Cost: $0.010 (+25%) Summary: Base achieved another record-high TVL of $9.64B, underscoring its growing market traction and strong liquidity. Active addresses remained steady, with a slight decrease, while revenue and onchain profit surged, suggesting increased high-fee or value transactions. The sharp drop in Layer 1 payouts and stable transaction costs reflect efficient network scaling. Despite the increase in transaction cost, Base’s Layer 2 solution maintains a competitive edge in cost efficiency, attracting more activity and solidifying its position in the ecosystem.

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@base Onchain Daily Snapshot (11/13/2024) Active Addresses: 1.21M (+0.83%) Transaction Count: 6.66M (-7.88%) Total Value Locked (TVL): $9.48B (-1.04%) Stable TVL: $3.34B (+0.60%) Revenue: $404.63K (-7.74%) Paid to Layer 1: $15.79K (-41.60%) Onchain Profit: $388.84K (-5.52%) Transaction Cost: 0.008% Gas Fee: $404,631 Visualizations: Active Addresses: A bar chart showing the number of active addresses over time. Transaction Count: A bar chart showing the number of transactions over time. Gas Fee: A bar chart showing the gas fee distribution by category. Transaction Count by Category: A pie chart showing the percentage of transactions in each category. Overall, the snapshot shows a slight decrease in active addresses and transaction count, but an increase in stable TVL and revenue. The majority of transactions are related to social, utility, token transfers, and cross-chain activities. @jessepollak

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@base Onchain Daily Snapshot (11/12/2024) Active Addresses: 1.20M (+9.09%) Transaction Count: 7.23M (+4.63%) Total Value Locked (TVL): $9.58B (+5.74%) - New All-Time High Stable TVL: $3.32B (-0.60%) Revenue: $438.61K (+33.43%) Paid to L1: $27.04K (-24.02%) Onchain Profit: $411.58K (+40.42%) Transaction Cost: $0.008 (-14%) Summary: Base achieved a new record-high TVL of $9.58B, fueled by an increase in active addresses and transactions. The slight decline in stable TVL hints at a minor outflow of stable assets. Revenue and onchain profit saw significant increases, suggesting higher transaction volumes and possibly larger-value transactions within the DeFi sector. Despite a reduction in payments to Layer 1, transaction costs decreased, indicating improved efficiency. This consistent upward trend in TVL and engagement highlights Base’s expanding impact within the Layer 2 ecosystem.

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@base Onchain Daily Snapshot (11/11/2024) Active Addresses:1.10M (+0.92%) Transaction Count: 6.91M (+1.47%) TVL: $9.06B (+1.46%) ATH Stable TVL: $3.34B (-0.60%) Revenue: $328.70K (+14.13%) Paid to L1: $35.59K (+153.49%) Onchain Profit: $293.11K (+7.00%) Transaction Cost: $0.007 (+16%) Visualizations: Active Addresses: A bar chart showing the number of active addresses over time. Gas Fee: A bar chart showing the gas fee distribution across different categories. Transaction Count: A bar chart showing the transaction count distribution across different categories. Overall, the snapshot provides a comprehensive overview of the Base blockchain's activity on November 11, 2024. Additional Notes: The data is presented in a clear and concise manner, with easy-to-understand charts and graphs. The snapshot includes a variety of metrics, providing a holistic view of the blockchain's performance. The data is presented in a visually appealing way, making it easy to digest and interpret. @jessepollak

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This week I built a comprehensive Onchain Daily Snapshot analysis for Base, tracking the platform's activity trends, financial metrics, and engagement across multiple days. Highlights include Base reaching successive all-time highs in TVL, peaking at $8.93 billion on November 10, a sign of robust liquidity and platform confidence. Revenue and onchain profit showed steady growth, especially on November 6, where they more than doubled.Transaction costs rose, particularly on high-traffic days, reflecting network demand. The activity breakdown indicates that DeFi remains the primary driver of gas fees and transaction volume, supported by token transfers and cross-chain activities. Although active addresses saw some fluctuations, ranging from 1.09M to 1.20M, transaction volumes generally increased, underscoring Base’s strong engagement within the Layer 2 ecosystem. @statuette @jessepollak

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@base Onchain Daily Snapshot (11/10/2024) Active Addresses: 1.09M (-6.03%) Txn: 6.81M (+0.44%) TVL: $8.93B (+4.08%) ATH Stable TVL: $3.36B (-0.3%) Revenue: $288.01K (+39.55%) Paid to L1: $14.04K (+28.95%) Onchain Profit: $273.96K (+40.09%) Txn Cost: $0.006 (+50%) Activity Breakdown: Gas Fees and Transaction Count show that DeFi continues to be the dominant category, with token transfers and cross-chain activities also notable. Summary: Base reached a new all-time high in TVL at $8.93B, marking increased liquidity and platform confidence. Revenue and onchain profit showed substantial growth, likely fueled by higher gas fees and transaction costs. The slight decrease in active addresses may indicate some short-term fluctuation in user participation.However, the rise in L1 fees paid out and the overall revenue growth underscore Base's strong market position and continued appeal within the Layer 2 space.

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@base Onchain Daily Snapshot (11/09/2024) Active Addresses: 1.16M (+18.31%) Txn: 6.78M (+6.10%) TVL: $8.58B (+0.47%) - New ATH Stable TVL: $3.37B (+0.6%) Revenue: $206.42K (+26.87%) Paid to L1: $10.89K (+397.26%) Onchain Profit: $195.52K (+21.85%) Txn Cost: $0.004 (+33%) Summary: Base continues its growth momentum with a record-high TVL of $8.58B, signifying increasing liquidity and user confidence. The spike in active addresses (+18.31%) and transaction volume (+6.10%) indicates heightened user engagement. Additionally, a substantial increase in Layer 1 fees paid out (+397.26%) suggests escalated inter-chain activity. Revenue and onchain profit also surged, further reinforcing Base’s expanding economic impact within the Layer 2 ecosystem. The rise in transaction cost suggests slightly higher costs per transaction, likely due to network congestion.

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@base Onchain Daily Snapshot (11/08/2024) Active Addresses: 980.60K (+0.39%) Transaction Count: 6.39M (-13.28%) TVL: $8.54B (+1.30%) - New All-Time High Stable TVL: $3.35B (-0.89%) Revenue: $162.65K (-28.66%) Paid to L1: $2.19K (-32.62%) Onchain Profit: $160.46K (-28.60%) Transaction Cost: $0.003 Activity Breakdown: Gas Fees are dominated by DeFi transactions, with smaller contributions from other categories like Token Transfers and Unlabeled activities. Transaction Count saw a notable decrease, primarily in non-DeFi sectors. Summary: Base achieved another record high in TVL at $8.54B, despite a dip in transaction count and active addresses stabilizing. The drop in stable TVL suggests a slight outflow of stable assets, while decreased revenue and profit may indicate reduced transactional volume or fewer high-fee transactions. Lower payouts to Layer 1 and stable transaction costs reflect efficient scaling. This ATH in TVL reaffirms Base’s growing presence and reliability in the Layer 2 space.

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@base Onchain Daily Snapshot (11/07/2024) Active Addresses: 976.77K (-12.01%) Transaction Count: 7.37M (+4.24%) Total Value Locked (TVL): $8.43B (+7.94%) - New All-Time High (ATH) Stable TVL: $3.38B (-4.25%) Revenue: $228.03K (-7.64%) Paid to L1: $3.25K (-57.18%) Onchain Profit: $224.78K (-6.07%) Transaction Cost: $0.003 (reduced by -25%) Activity Breakdown: Gas Fees and Transaction Count are largely driven by DeFi and Unlabeled transactions, with contributions from other categories like Token Transfers. Summary: On November 7, Base reached an ATH in TVL at $8.43B, highlighting increased liquidity and engagement, despite a reduction in active addresses. The lower stable TVL suggests a shift in liquidity preferences, while reduced payouts to Layer 1 and decreased transaction costs point to increased efficiency. This ATH demonstrates Base's growing prominence and competitive position within the Layer 2 ecosystem, appealing to both users and developers for its stability and scalability. @jessepollak

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@base Onchain Daily Snapshot (11/06/2024) Active Addresses: 1.11M(-7.5%) Transaction Count: 7.07M(+1.7%) TVL: $7.81B(+2.0%) Stable TVL: $3.53B(+0.3%) Revenue: $246.90K(+107.2%) Paid to L1: $7.59K(+10.5%) Onchain Profit: $239.31K(+107.2%) Transaction Cost: $0.004(+100%) Activity Breakdown: Gas Fees: Predominantly generated by DeFi transactions, with Token Transfers and Unlabeled activities as notable contributors. Transaction Count: Mainly driven by Unlabeled transactions, followed by significant DeFi and Cross-Chain activities. Summary: November 6 shows a notable increase in revenue and profit, despite a decline in active addresses. The growth in TVL and stable TVL indicates an influx of liquidity, reinforcing the network’s value. Rising transaction costs and increased payouts to Layer 1 signal higher network activity and value generation. The high DeFi and Cross-Chain engagement underscores the network’s appeal for decentralized finance activities. @jessepollak

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@base Onchain Daily Snapshot (11/05/2024) Active Addresses: 1.20M (+3.03%) Txn Count: 6.95M (+21.27%) Total Value Locked (TVL): $7.66B (-0.78%) Stable TVL: $3.52B (unchanged) Revenue: $122.35K (+1.51%) Paid to L1: $6.87K (-0.72%) Onchain Profit: $115.48K (+1.65%) Txn Cost: $0.002 (-33%) Activity: Gas Fees: DeFi and Token Transfers account for the majority, followed by Cross-Chain activities. Transaction Count: Dominated by Unlabeled transactions, with significant contributions from DeFi and Cross-Chain activities. November 5 shows increased activity with a rise in both active addresses and transaction count. Revenue and profit have grown slightly, while TVL has decreased marginally, suggesting some liquidity outflow. Reduced transaction costs and stable stablecoin TVL indicate efficient and resilient network usage, with DeFi and Cross-Chain activities driving engagement. This snapshot suggests healthy network dynamics, appealing for both active users and developers.

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@base Onchain Daily Snapshot (11/03/2024) Active Addresses: 869.43K (+1.26%) Transaction Count (Txn Count): 5.73M (-6.07%) Total Value Locked (TVL): $7.72B (-1.03%) Stable TVL: $3.52B (0%) Revenue: $120.53K (+1.86%) Paid to L1: $6.92K (+196.14%) Onchain Profit: $113.61K (-2.06%) Transaction Cost (Txn Cost): $0.003 (+50%) Activity Breakdown The bar graph shows active addresses from October 26th to November 4th. Gas Fee distribution is dominated by DeFi, followed by other categories like CeFi, NFT, Social, Utility, Token Transfers, Cross-Chain, and Unlabeled activities. Summary This snapshot presents a mixed trend. While user engagement and transaction counts have decreased, revenue, and stable TVL have seen slight increases. The significant surge in payments to Layer 1 and the rise in transaction costs indicate a potential shift towards higher-value transactions or increased network congestion. What insights or trends stand out to you from this data? @jessepollak

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@base Onchain Daily Snapshot (11/03/2024) Active Addresses: 858.64K Transaction Count: 6.10M Total Value Locked (TVL): $7.80B Stable TVL: $3.52B Revenue: $118.33K Paid to L1: $2.33K Onchain Profit: $116.00K Transaction Cost: $0.002 Activity Breakdown: Gas Fees: Primarily from DeFi transactions, followed by Cross-Chain and Unlabeled activities. Transaction Count: Dominated by Unlabeled transactions, with significant contributions from DeFi and Token Transfers. Summary: The snapshot shows a stable performance across most metrics, with a slight dip in active addresses and transaction count compared to the recent peak. TVL remains strong, indicating sustained liquidity, while the lower transaction cost suggests efficient network activity. This data helps stakeholders optimize their strategies, focusing on high-liquidity periods and cost-effective transactions. @jessepollak

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Ahmad.base.eth🔵

What an incredible Quadratic Voting experience at Based SEA! 🫡 Voted for some impressive projects and am excited to see them grow! Here's my attestation; go check out the projects I voted for 👇🏼 🛠️ @devfolio /eas

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