Base

Since April 1, 372,642 new tokens have been launched on the Ethereum network, with 88% launched on Coinbase’s layer-2 blockchain Base. The layer-2 network has witnessed an explosion in activity, brought about by degens flocking to the low-cost network to whip up new memecoins.

The surge in new tokens on Base highlights the growing demand for cost-effective and scalable blockchain solutions. While memecoins have captured the attention, Base's potential extends far beyond, offering a promising platform for innovative dApps and real-world use cases.