Base

@base Onchain Daily Snapshot (11/25/2024)

    Active Addresses: 925.31K (-10.16%)
    Transaction Count: 9.23M (+2.21%)
    Total Value Locked (TVL): $10.45B (-0.57%)
    Stable TVL: $3.29B (No change)
    Revenue: $589.60K (+76.96%)
    Paid to L1: $103.43K (+202.52%)
    Onchain Profit: $486.18K (+62.60%)
    Transaction Cost: $0.014 (+75%)

Summary: The Base network demonstrated a substantial increase in revenue and onchain profit, highlighting vibrant economic activity. Payments to L1 skyrocketed, reflecting increased reliance on mainchain interactions. However, active addresses continued to decline, which may indicate reduced user retention or onboarding. Despite a slight dip in TVL, stable TVL held firm, showcasing resilience in stablecoin liquidity. The surge in transaction cost could pose challenges for affordability. DeFi dominance persists, affirming Base's pivotal role as a thriving Layer 2 ecosystem, with opportunities to enhance user growth and cost efficiency.

@jessepollak

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

@base global builder
OG FARCASTER ,
Ambassador AleoHQ ,
contributer mode network