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Chris
@thechriscen
Base' low-cost transaction and affiliation with Coinbase make it a great choice for developers building consumer-focused products. I've analyzed onchain data with @dune to high key metrics driving growth on @base ... 1. Base TVL has surpassed $1.5 billion. With growing interest and adoption on Base, approximately $1.503 billion worth of assets are locked across 50 protocols. The growth in TVL can be attributed to major events like Uniswap V2 deployment, and ongoing "on-chain summer.
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Chris
@thechriscen
Daily Transactions on Base surges above 2M In the days that led to the Duncan upgrade, Base processed an average of 440,000 transactions per day. However, following the upgrade, daily transactions skyrocketed to a record 2 million on March 16th... Since then, @base transactions have continued to grow, reaching an all-time high of 3.4 million on June 4th. Currently, daily transactions hover around 3.15 million, indicating sustained interest and activity on the Base chain.
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Chris
@thechriscen
Base performance demonstrates a strong path toward achieving its mission of onboarding the next billion users onchain. The onchain metrics analyzed in this report reveal increasing adoption and rising profitability as more users migrate to the Base ecosystem. You can explore the full Base dashboard on Dune and share your feedback on how we can improve it. https://dune.com/thechriscen/base-analysis Stay Based...
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