Base Chain transactions surge as DEX volume nears $400b

The basic chain, the layer 2 coinbase blockchain network launched in 2023, is doing well. Its key measures are jumps and the growth of market share continues.

Nansen Data shows that Base has solidified its position as the largest actor in layer of layer 2.. Its weekly transactions jumped from 27% to 65.9 million, much higher than that of Ethereum (Ethn) 9.4 million.

Basic active addresses have jumped 42% in the last seven days to 9.7 million, more than 2.14 million Ethereum. It has also exceeded other popular layers of layers 2 such as arbitrum, polygon and optimism.

More data by Challenge flame shows that the basic chain protocols are approaching a milestone of $ 400 billion.

They have managed more than $ 363 billion since its creation, with $ 25 billion in the last 30 days. If the trend continues, the base will probably cross the level of $ 400 billion in June or July.

The most active DEX network in the basic chain is aerodrome, which has treated more than $ 183 billion in transactions since creation. UNISWAP (UNITED) is the second after managing more than $ 130 billion. The other best players on the network are Pancakeswap, Woofi, Javsphere and Sushi.

The basic chain has also become the larger sixth chain of decentralized finance or DEFI. Its total locked value increased to $ 4.7 billion, making it a larger channel than players most players like Su, Avalanche, Cardano and Cronos.

The basic chain attracted users because of its considerably lower transaction costs and faster speeds. He has also become a major player in the coin industry, with tokens on his ecosystem with a market capitalization of more than $ 1.7 billion.

The most notable are Brett (Brett), Toshi, Degen and Ponke.

The basic chain is pressure on paratroopers

Coinbase has resisted measures to have a basic air card, which would give investors access to the basic token $. Polymarket dimensions Such a air card is only 2%, noting that traders do not expect this to happen in the second quarter.

A basic air card would be notable and probably assessed at billions of dollars. Arbitrum, which is smaller than the base, has an entirely diluted evaluation of $ 3.9 billion, while optimism has $ 3.07 billion. Polygon (Police) has an FDV of 2.46 billion dollars, which means that the base would probably find a higher evaluation.