Rapid uptake in Coinbase’s layer-2 network – Base
Coinbase’s layer-2 network, Base, was introduced on the Ethereum mainnet about two weeks ago. Since that time, decentralized apps have shown an eager interest in deploying their offerings on the network.
This rapid uptake might be attributed to Base’s immediate success; on the day of its launch, the network reported over $150 million in total value bridged (TVB).
That figure has since ballooned to more than $261 million, per a Dune Analytics dashboard. This far surpasses the TVB of Mantle and Linea, layer-2s that launched within weeks of Base.
More than 100 dapps were integrated with Base at launch in an attempt to take advantage of the early hype.
Chainlink, for example, was brought on as a partner to provide price feeds for the new layer-2. Additionally, about a dozen wallets have integrated, including Coinbase Wallet, Rainbow Wallet, Trust Wallet and Safe.
Blockworks
#base #web3marketing #coinbase #layer2
