DEX trades and MEV strategies have fueled Base's fee generation. Base, the Coinbase-incubated Ethereum Layer 2 network, has emerged as the most profitable rollup in the ecosystem, as it generated an average of $185,291 in daily revenue over the past six months. With the latest figure, Base has far outpaced...
Zora Coins Hit User High as ZachXBT Blasts Platform’s Value for Creators
Zora's 4/20 user surge hit 200,000, but the celebration turned into a debate about whether these content coins actually benefit creators. On April 20, Zora coins surged to an all-time high in daily active users, driven by a wave of viral activity tied to the cannabis-themed cultural moment of “4/20.”...
Coinbase’s Base Acquires Iron Fish Team to Enhance Privacy on Layer 2 Network
Immediately after the announcement, the price of Iron Fish's native token (IRON) surged by nearly 32% to almost $0.27 on March 7th. Coinbase-incubated Layer 2 network Base has announced acquiring the development team behind Iron Fish, a privacy-focused blockchain project. The latest move aims to boost privacy features within Base....
Base Faces Market Turmoil: Is Coinbase’s Layer-2 Network at a Crossroads?
Comparing Base’s past and current performance raises concerns about the network experiencing a temporary setback or a turning point. Base, the layer-2 network of the largest American crypto exchange, Coinbase, is facing tough times following the chain’s strong entrance into the market over a year ago. Data from the market...
