Base posts $193m in Q1 fees, targets $100b in on-chain assets by 2025
The basic ecosystem continues to grow despite a slowdown in the market, generating $ 193 million in negotiation costs this year.
Despite the drop in asset prices this year, the basis (BASE) continues to attract more users. On April 7, Token Terminal revealed the latest network figures in the first quarter of the year. In particular, the basic chain generated $ 193.4 million in negotiation costs during this period.
Negotiation costs for the quarter were slightly down compared to the fourth quarter of 2024, which experienced more than $ 200 million in fees. However, the last quarter of last year coincided with a period of high market activity that increased volumes and costs at all levels.
This resilience suggests that the basis of the network continues its relative growth compared to other channels. In addition, cumulative income for the base reach $ 100 million On February 28, 2025, while daily transactions also remained relatively resilient.
At the same time, its market share in NFTS and Defi increases. On the one hand, the base has become the largest layer of layer 2 for NFTs, recording a 45% increase In weekly sales at $ 8.3 million in January.
The base reveals daring plans for 2025
Although the growth of the chain has been strong in recent months, the team has even greater ambitions. In January, Base revealed its plan to reach $ 100 billion In chain assets by October 2025. For comparison, the figure is now standing at $ 2.78 billionMaking the basic ecosystem the sixth among all the other channels.
While its previous TVL, all times, of $ 4 billion, basic banks on its low costs and its integration of Coinbase for growth. Because he was launched by Coinbase, he benefits from integration with the greatest exchange of American crypto.
At the same time, this layer 2 network operates the safety and decentralization of Ethereum, while offering low negotiation costs and gas -free transactions to improve the user experience.
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