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@base Onchain Daily Snapshot (12/08/2024)

   Active Addresses: 2.40M (+46.34%)
    Transaction Count: 8.77M (+8.14%)
    Total Value Locked (TVL): $14.18B (+1.28%)
    Stable TVL: $3.24B (0.00%)
    Revenue: $253.89K (-25.90%)
    Paid to L1: $6.81K (-86.20%)
    Onchain Profit: $247.09K (-15.76%)
    Transaction Cost: $0.004 (-55.56%)

Summary:
December 8 highlighted a significant boost in active addresses and transaction count, suggesting increased user activity. TVL showed slight growth, maintaining stable levels for stablecoin assets. However, revenue and onchain profit saw notable declines, primarily driven by lower transaction costs, which also reflect improved efficiency in network operations. Payments to Layer 1 dropped significantly, hinting at fewer bridging or cross-chain interactions.

@jessepollak

@base builder #001; onchain cities w/ OAK & city3

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