November 22, 2024

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Base surges past Solana as total value locked nears $400M

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Base surges past Solana as total value locked nears 0M

The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing.

The past 30 days have been significant for Base, with data from DeFi Llama

That all-time high remains intact for Base, with daily transactions decreasing to roughly 908,000 as of Sept. 22.

Base daily transactions. Source: Base Scan.

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