Base trading volume maintained growth momentum in Q4

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CoinMoi
12-27
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Base has processed over 8 million transactions per day, confirming its leading position in the Optimistic Rollup segment.

While the market has seen volatility, Base continues to record impressive growth. The daily transaction volume on this platform has maintained a level above 8 million, outperforming other Optimistic Rollup solutions.

Since March, Base has witnessed steady growth, with trading volume increasing from around 500,000 to over 7.5 million transactions per day in December. This contrasts with other Optimistic Rollups, which have shown more modest trading trends during the same period.

The ecosystem of this platform has demonstrated particular strength through the Virtuals protocol, a platform for AI agents. Tokens related to Virtuals have reached a total market capitalization of up to $3 billion, confirming Base's position as an important hub for new token issuances of this type.

Recent activity includes the successful capital raise of MegaETH on the Echo platform, which attracted $10 million in just 3 minutes, becoming the largest capital raise on this platform.

The core development team of Base is also seeking to scale Base by deploying Reth, an expansion solution. Current scaling challenges include the increasing storage requirement of around 500GB per week for storage nodes and node provisioning times of up to 15 hours. The transition to Reth aims to address these scaling issues while maintaining the network's commitment to operational transparency and community participation.

The Total Value Locked (TVL) on the network has exceeded $3.5 billion, reflecting the sustainable development of the ecosystem and the trust of users despite market volatility.

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The article Transaction Volume on Base Maintains Upward Trend in Q4 first appeared on CoinMoi.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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