NEWSLETTER
The base ecosystem continues to grow despite a market recession, generating $ 193 million in negotiation rates this year.
Despite the fall in assets prices this year, the base (base) continues to attract more users. On April 7, Token Terminal revealed the latest figures for the network in the first quarter of the year. In particular, the base chain generated $ 193.4 million in negotiation rates during that period.
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Negotiation rates for the quarter decreased a bit from the fourth quarter of 2024, which had more than $ 200 million in rates. However, the last quarter of last year coincided with a period of strong market activity that increased volumes and rates in all areas.
This resistance suggests that the base of the network continues its relative growth compared to other chains. What is more, cumulative income for the base? reach $ 100 million On February 28, 2025, while daily transactions also remained relatively resistant.
<img loading="lazy" decoding="async" width="601" height="400" src="https://crypto.news/app/uploads/2025/04/image-15.png” alt=”DAILY TRANSACTIONS IN THE BASE | Source: Dune”/>
At the same time, its market share in nft and Defi is growing. On the one hand, the base became the largest layer 2 network for nfts, registering a 45% increase in weekly sales to $ 8.3 million in January.
The base reveals bold plans for 2025
While chain growth has been strong in recent months, the team has even greater ambitions. In January, Base revealed his plan to reach $ 100 billion in assets in the chain in October 2025. For comparison, the figure is now in $ 2.78 billionmaking the base ecosystem the sixth among all other chains.
Although its maximum of all times of previous TVL was $ 4 billion, the base banks in their low rates and coinbase integration for growth. Because it was launched by Coinbase, it benefits from integration with the greatest exchange of cryptocurrencies based in the United States.
At the same time, this layer 2 network takes advantage of ethereum's security and decentralization, while offering low commercial rates and transactions without gas to improve user experience.
