Base Network Processes 7.5 Million Transactions in a Single Day
(8 days ago) · 1 source · Summarized by CryptoBipto — how we make this
Coinbase's Layer 2 network Base has reached a new activity milestone, processing 7.5 million transactions in one day. The surge in daily transaction volume highlights growing usage of the Ethereum-based scaling solution.
WHY IT MATTERS
Think of Ethereum as a busy highway and Layer 2 networks like Base as express lanes built alongside it. These express lanes let people complete transactions faster and more cheaply without clogging the main road. When a Layer 2 network like Base processes 7.5 million transactions in a day, it shows that people are actively using these express lanes. Base is notable because it was built by Coinbase, one of the largest cryptocurrency exchanges, which gives it a well-known backer. For newcomers, this story illustrates how the crypto industry is working to solve the problem of slow and expensive transactions on popular blockchains like Ethereum.
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