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Title: Key factors fueling Base’s Growth in 2024. Introduction: Base, Coinbase’s Layer 2 solution built on the Optimism stack, has witnessed explosive growth, positioning itself as one of the leading Layer 2 (L2) networks. With a unique strategic advantage and optimized performance, Base has attracted significant attention from both builders and investors. In this blog, we will analyze key metrics driving Base’s rise.
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1.5. Throughput Since its launch, Base has scaled its throughput by 4x, increasing the gas target per block from 2.5 Mgas/s to 10 Mgas/s. The network is poised for further scaling, with the core team committed to raising the gas target by 1 Mgas/s each week starting in late September.
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