Base Chain Daily Trading Volume Sets New Record with Over 4.5 Million Transactions During the Weekend
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September 18, 2024
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PANews reported on September 18 that Coinbase's Layer 2 solution, Base, set a new record of over 4.5 million transactions last Saturday, further solidifying its position as a leading Layer 2. Base's rapid growth and robust ecosystem have propelled its leadership in the scaling race.
Furthermore, Coinbase's recent launch of cbBTC (an ERC-20 wrapped Bitcoin token) has also fueled Base's activity. cbBTC offers Bitcoin holders new DeFi opportunities, enabling them to use Bitcoin within the Ethereum and Base ecosystems. Bitcoin users can provide liquidity or use it as collateral to borrow other assets.
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