i’ve seen a handful of people dunking on @base the last few weeks, so just want to share a few thoughts:
1. bridge inflows have increased 400% over the last year. @base is the top L2 in bridge deposits ($4.2B) which is a 30% market share.
2. @base is averaging ~20M active

i pretty much look at chain data every single day and can confirm that’s just not true.
not saying it’s all organic, but zero is just inaccurate.
would make a friendly bet that base continues to chip away at solana liquidity long-term.

drew

Twitter

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