Base

@base Onchain Daily Snapshot (11/24/2024)

    Active Addresses: 1.03M (-31.33%)
    Transaction Count: 9.03M (+28.41%)
    Total Value Locked (TVL): $10.51B (+1.55%)
    Stable TVL: $3.29B (No change)
    Revenue: $333.19K (+10.07%)
    Paid to L1: $34.19K (+165.93%)
    Onchain Profit: $299.00K (+3.15%)
    Transaction Cost: $0.008 (+60%)

Summary: Base continues to exhibit robust growth, with a significant surge in transaction count and a rise in TVL, reflecting increased liquidity and engagement. Revenue and onchain profit also showed healthy increases, indicating economic stability. However, a sharp drop in active addresses highlights potential churn or reduced new user inflows. The substantial rise in payments to L1 and transaction costs signals increased usage and complexity in transactions. With DeFi remaining a dominant force, Base strengthens its position as a leading Layer 2 ecosystem while emphasizing scalability and user retention.

@jessepollak

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

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

Base's growth is strong but the drop in active addresses is concerning. Increased transaction count and TVL show promise, but rising costs suggest complexities. Overall, Base is solidifying its position in DeFi