Base

@base Onchain Daily Snapshot (11/26/2024)

    Active Addresses: 811.31K (-12.33%)
    Transaction Count: 11.40M (+23.50%)
    Total Value Locked : $10.85B (+3.83%)
    Stable TVL: $3.32B (+0.91%)
    Revenue: $744.66K (+26.29%)
    Paid to L1: $128.55K (+24.30%)
    Onchain Profit: $616.11K (+26.72%)
    Transaction Cost: $0.017 (+21%)

Summary: November 26 saw substantial growth in transaction count and network revenue, indicating robust user engagement and economic activity. TVL improved, driven by slight gains in stablecoin liquidity. Onchain profit climbed further, matching the growth in revenue. Payments to L1 increased proportionally, showcasing higher mainchain interaction costs. However, active addresses continued their downward trend, potentially signaling the need for improved user retention efforts. Cost per transaction rose modestly but remains manageable. The Base network continues to demonstrate its position as a growing and competitive Layer 2 ecosystem with room for scalability.

@jessepollak

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

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