Base Surpasses Optimism in TVL 

The Total Value Locked (TVL) in Ethereum's second-layer network Base has exceeded $8 billion, surpassing Optimism's OP Mainnet. As of June 10, Base's TVL includes $2.13 billion in canonical value and $5.84 billion in native funds, according to L2Beat.

Welcome to my Warp, the ultimate social network for crypto enthusiasts, professional traders, and retro hunters! Dive into the future of defi.

Base has become the second-largest Ethereum scaling solution, trailing only Arbitrum One, which has $18.27 billion. Additionally, Base leads in transactions per second (TPS) with 30.36, compared to Arbitrum One's 23.52 TPS, processing around 64.86 million transfers in the past 30 days.

According to Dune, Base has generated the highest fee revenue over the last three months, with a record $16.9 million in March. Despite a drop to $6.98 million in May, it still outpaced Arbitrum One, which earned $1.57 million. This revenue is likely driven by the hype around meme tokens.

VanEck has predicted that L2 tokens' market capitalization could reach $1 trillion by 2030. Ethereum co-founder Vitalik Buterin has called for a unified interoperability solution for second-layer solutions.