TL;DR Base network activity reached roughly 7.5 million transactions over a single day in the validated September 22 data. The count includes all recorded transactions, including low-value and automated activity. High transaction count is a usage metric, not proof of equivalent economic value. Base has pushed daily transaction activity to roughly 7.5 million, adding another scale milestone for Coinbase’s Ethereum Layer 2 ecosystem. The number is eye-catching, but the more interesting question is what it says about the type of activity happening on the network. Cheap Transactions Change What Users Put Onchain Layer 2 networks make it economical to record interactions that would be too expensive to justify on Ethereum mainnet. That can include social actions, wallet automation, small trades, game events and application-level transactions that may carry very little individual dollar value. As a result, a transaction record can reflect genuine adoption while also including a large amount of automated or micro-transaction activity. That distinction is important when comparing Base with networks where each transaction is more expensive and therefore tends to represent a different mix of ...
Base Activity Climbs To 7.5 Million Transactions In A Day
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