Base

@base Onchain Daily Snapshot (11/10/2024)

Active Addresses: 1.09M (-6.03%)
Txn: 6.81M (+0.44%)
TVL: $8.93B (+4.08%) ATH
Stable TVL: $3.36B (-0.3%)
Revenue: $288.01K (+39.55%)
Paid to L1: $14.04K (+28.95%)
Onchain Profit: $273.96K (+40.09%)
Txn Cost: $0.006 (+50%)

Activity Breakdown:
Gas Fees and Transaction Count show that DeFi continues to be the dominant category, with token transfers and cross-chain activities also notable.

Summary:

Base reached a new all-time high in TVL at $8.93B, marking increased liquidity and platform confidence. Revenue and onchain profit showed substantial growth, likely fueled by higher gas fees and transaction costs. The slight decrease in active addresses may indicate some short-term fluctuation in user participation.However, the rise in L1 fees paid out and the overall revenue growth underscore Base's strong market position and continued appeal within the Layer 2 space.

OG FARCASTER ,
Ambassador AleoHQ ,
contributer mode network

Great to see the growth in TVL and on-chain profit! The increase in revenue is also impressive. Curious to see how these trends continue. Keep up the good work!