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Mehran.base.eth
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#base 📊 Comparison of Total Value Locked (TVL) in Base Network vs. Other Ethereum Layer 2 Networks Base, developed by Coinbase, has experienced significant growth in total value locked (TVL) since its launch in August 2023. Below is a comparison of Base’s TVL with other Ethereum Layer 2 networks: TVL Growth of Base Network: August 2023: Base had a TVL of approximately $147 million, ranking as the fifth-largest Ethereum Layer 2 network. November 2024: TVL surged to $10.68 billion, making it the second-largest Layer 2 network on Ethereum. Comparison with Other Layer 2 Networks: Arbitrum One: Continues to hold the top position with a TVL of $18.3 billion. Optimism: With a TVL of $5.5 billion, it ranks third after Base. zkSync: Holds a TVL of $164 million, ranking further down the list. These figures highlight the rapid and remarkable growth of the Base network compared to other Ethereum Layer 2 solutions.
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