Base Network hits almost 2M transactions in a day, still trails Polygon, BSC

South Africa News News

Base Network hits almost 2M transactions in a day, still trails Polygon, BSC
South Africa Latest News,South Africa Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Layer-2 network Base only had 86,000 active users when it reached the new milestone of 1.88 million transactions

Coinbase layer-2 network Base hit a new peak in terms of daily transactions, breaking its former record when it was launched in August, according to data from blockchain explorer BaseScan.On Sept. 14, the layer-2 blockchain1.88 million transactions, surpassing its previous record of 1.41 million transactions on Aug. 21 — the month when the network was launched. The layer-2 network surpassed other rival chains like Optimism and Arbitrum, which had a combined 878,000 transactions for the day.

Despite reaching the milestone, the layer-2 network is still lagging behind more prominent blockchains like Polygon and BNB Smart Chain . Polygon

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Holesky test network launch delayed as network commemorates The MergeEthereum Holesky test network launch delayed as network commemorates The MergeEthereum blockchain is celebrating the one-year anniversary of the landmark Merge event with the launch of the Holesky test network. A report on GitHu
Read more »

ABN Amro issues €5M digital green bond through Polygon-powered TokenyABN Amro issues €5M digital green bond through Polygon-powered TokenyDutch bank ABN Amro issues green digital bond on Polygon that secured €5 million in funding for real estate investor Vesteda's green finance initiatives.
Read more »

Polygon leads way as most big cryptocurrencies post declinesPolygon leads way as most big cryptocurrencies post declinesMost large cryptocurrencies were down during morning trading on Friday, with Polygon seeing the biggest change, declining 1.33% to 52 cents. Six additional...
Read more »

Coinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance RedefinedCoinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance RedefinedPolygon has become one of the key adopters of zero-knowledge-proof-based rollups to enhance scalability on Ethereum.
Read more »

Polygon 2.0: Everything You Need to Know About 3 PIPs and Phase 0Polygon 2.0: Everything You Need to Know About 3 PIPs and Phase 0The three PIPs unveiled today propose enhancements that seek to revolutionize nearly every aspect of the Polygon ecosystem.
Read more »

ChatGPT Predicts The Q4 Price Performance Of Bitcoin And New BTC Derivative Bitcoin BSCChatGPT Predicts The Q4 Price Performance Of Bitcoin And New BTC Derivative Bitcoin BSCIt’s been a challenging few weeks for Bitcoin (BTC) holders, with the coin’s value plummeting since the end of August. However, with BTC having posted a
Read more »



Render Time: 2025-08-25 19:09:57