US-based cryptocurrency exchange Coinbase recently launched its Ethereum layer-2 solution, which it started testing on February 23. The blockchain network named Base attracted attention by capturing huge traffic in a short time.
Blockchain tracker Dune Analytics revealed that participation in the Base network is gaining momentum. According to Dune Analytics data, the number of daily users on the blockchain network has exceeded the 100,000 mark from day one. On August 10, 2023, 136 thousand users reached the layer-2 network of the Coinbase exchange.
Placed in Fourth Place in a Short Time!
Bringing a breath of fresh air to Ethereum layer-2 competition, Coinbase Base soon took its place behind its competitors. CryptoRank shared on its official Twitter account that the Base network was placed in the fourth place.
Among the Ethereum L-2 projects, the top three are zkSync Era, Arbitrum and Optimism. Cryptocurrency experts are very happy that an exchange operates in this area. Experts expect a new trend in Web3 technology thanks to the large customer base of the Coinbase exchange.
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