Base Shatters All Records, Explodes Past 100,000 Users in Just 56 Days After Launch

In a remarkable feat, Base by Coinbase has become the fastest Layer 2 (L2) solution to reach 100,000 users, achieving this milestone a mere 56 days after its launch. The metric shared by crypto research platform Delphi Digital, gauged by unique addresses, underscores the burgeoning interest in scalable and efficient blockchain solutions.

The Rise of Base by Coinbase

Base is an Ethereum Layer 2 solution incubated by Coinbase, one of the leading cryptocurrency exchanges. It aims to simplify the development of decentralized applications (dApps) by providing seamless integration with Coinbase’s existing products, user base, and tools. According to Coinbase, Base enables developers to tap into a network of over 110 million verified users and access assets worth $80 billion on the platform.

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The platform distinguishes itself by offering easy fiat onramps and powerful acquisition tools, making it a go-to solution for developers aiming to serve a large and verified user base. Base is built on the open-source OP Stack and offers low transaction fees, making it an attractive option for those looking to deploy reliable, secure applications.

The rapid user adoption of Base highlights the growing need for Layer 2 solutions in the blockchain ecosystem. These solutions are designed to handle transactions off the main blockchain, thereby reducing congestion and lowering transaction costs. Base, in particular, claims to be 10 times cheaper than using Ethereum directly, without requiring any code changes from developers.

The rapid growth of Base by Coinbase is a testament to the platform’s robust features and the increasing demand for Layer 2 solutions. As the crypto space continues to evolve, Base is well-positioned to play a pivotal role in shaping the future of decentralized applications and blockchain scalability.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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