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@base Onchain Daily Snapshot (12/20/2024)

    Active Addresses: 1.11M (+16.64%)
    Transaction Count: 7.49M (+2.74%)
    TVL: $12.77B (-4.56%)
    Stable TVL: $3.36B (+0.30%)
    Revenue: $624.86K (-6.52%)
    Paid to L1: $98.77K (-34.19%)
    Onchain Profit: $526.09K (+1.50%)
    Transaction Cost: $0.019 (+90.00%)

Summary:
December 20, 2024, showed mixed trends. A rise in active addresses and transaction count highlighted improved engagement, though TVL declined, indicating capital outflows. Stable TVL remained steady, and transaction costs surged, reflecting demand for block space. Reduced payments to Layer 1 suggest lower cross-chain activity, while a slight increase in onchain profit signals optimized network efficiency amidst changing dynamics.

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