Base's on-chain transaction volume has dropped by 38% from its peak in January, still leading Ethereum L2
2025-03-12 00:33:48
On March 12th, the transaction activity of the Ethereum Layer 2 (L2) network Base launched by Coinbase fell from the peak in January, and the 7-day moving average transaction volume fell from nearly 12 million on January 6th to about 7.50 million, a decrease of about 38%. Despite this, Base still maintains its lead over L2 solutions such as Arbitrum and Optimism.
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