November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
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.

Magazine: Are DAOs overhyped and unworkable? Lessons from the front lines