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

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Coinbase layer-2 community Base hit a brand new peak by way of every day transactions, breaking its former file when it was launched in August, in line with knowledge from blockchain explorer BaseScan. 

Every day transactions chart of layer-2 community Base. Supply: BaseScan

On Sept. 14, the layer-2 blockchain hit 1.88 million transactions, surpassing its earlier file of 1.41 million transactions on Aug. 21 — the month when the community was launched. The layer-2 community surpassed different rival chains like Optimism and Arbitrum which had a mixed 878,000 transactions for the day. 

Regardless of reaching the milestone, the layer-2 community continues to be lagging behind extra outstanding blockchains like Polygon and BNB Sensible Chain (BSC). Polygon had 2.1 million transactions on the date, whereas BSC had 3.1 million transactions on the identical day.

Not like its earlier transaction file on Aug. 21, when the blockchain additionally hit 136,000 every day energetic customers together with its excessive quantity transactions, the layer-2 community didn’t have as many customers this time. On the subject of every day energetic customers, Base solely had round 86,000 on Sept. 14, in line with knowledge recorded by Dune Analytics.

Every day energetic customers of layer-2 community Base. Supply: Dune Analytics

Base formally launched on Aug. 9, permitting customers to bridge tokens, swap tokens and supply liquidity, mint nonfungible tokens (NFTs) and do many different actions that might be carried out on layer-2 networks. 

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Since its launch, the community has obtained a heat welcome from the crypto group. On Sept. 6, over 700,000 NFTs have been minted by greater than 268,000 distinctive wallets on the layer-2 community. Throughout its first two weeks, over $242 million value of crypto property have been bridged to the blockchain, with 130,000 distinctive wallets utilizing it every day.

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