Base

@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