Base Network Active Addresses Rise 82.5% to 30-Day High

WHY IT MATTERS

Think of a layer-2 network like an express lane built on top of a highway (Ethereum). It lets people make transactions faster and more cheaply without clogging the main road. "Active addresses" is a way of counting how many wallets are being used on that express lane each day — similar to counting how many cars use a toll road. When that number jumps sharply, it suggests more people or applications are using the network. However, just as one driver could own multiple cars, one person can have multiple wallet addresses, so the number does not perfectly represent individual users. Base is notable because it was built by Coinbase, a major cryptocurrency exchange, making it one of the more recognizable layer-2 projects.