Coinbase’s Base Experiences Surge in Trading Volume Records

Coinbase’s Ethereum layer-2 network, Base, has experienced a significant surge in trading volume on decentralized exchanges.

 Coinbase’s Base breaks its previous records, exceeding $1 billion.

Base’s daily active users also witnessed a boost, with a 12.4% jump from 153,000 to 172,000.

Amidst this growth, Base has the potential to emerge as a new focal point for meme coins.

The bulk of this trading volume was concentrated on Uniswap, which dominated 64.3% of the activity.