According to official sources, Base has announced the launch of Onchain Summer II, inviting builders, creators, brands, and artists to participate in its creation. Starting from June 3rd and ending in August, Base and its partners will offer over 600 ETH (2 million USD) in prizes, grants, and gas points. Interested users can submit their projects for a chance to showcase them at Onchain Summer.

On April 27th, Fren Pet, a Base ecosystem game, officially released a new version that provides a 10x Bonk experience, supports payment with ETH (officially responsible for FP exchange), and introduces a new Bonk reward distribution and system. Additionally, players can use a new loot box to enhance their pet's attributes.

According to L2BEAT data reported by Jinse Finance, Base TVL has surpassed $5.4 billion and is now at $5.47 billion, with a 15.07% increase in the past 7 days. Ethereum TVL has rebounded to $43.14 billion, with a 2.4% increase in the past 7 days.

With the catalyst of Farcaster & $DEGEN mania, Base has delivered the fastest growth in the last few months. In this post, I'll take a dive on onchain data to check up on the pulse of Base eco

According to the blockchain analysis platform Dune Analytics, the total gas consumption on the Base chain reached 9,403.6265 ETH, with an average gas usage cost of about $0.1831 (0.000063561 ETH). The total number of blocks reached 12.88 million. In addition, the data shows that the total transaction volume on the Base chain has exceeded 160 million, with over 7.275 million users and over 150,060,781 user transactions at the time of writing.

According to data from L2BEAT, the total value locked (TVL) in the L2 network Base has exceeded $4.5 billion, currently at $4.52 billion, reaching a new historical high with a 7-day increase of 22.38%, as reported by Jinse Finance.

According to market data, the Base Ecology Meme project FOMO has increased by 65% in the past 24 hours, with a market value of $5.4 million. It is reported that FOMO is committed to establishing trust among participants and becoming a Meme project for the long-term operation of the Base Ecology. FOMO officials claim that all 10 billion liquidity has been added to LP without team allocation, and LP has been locked for 69 years.

According to Dune data, the total consumption of Gas on the Base chain reached 8,137.0937 ETH, with an average Gas usage cost of approximately $0.1779. The total number of blocks reached 12.59 million. In addition, the data shows that the total transaction volume on the Base chain is close to 130 million, with a user base of over 6.45 million.

AscendEX (formerly BitMax) will list the Base ecosystem project poopcoin ($POOP) at 14:00 on March 31, opening the $POOP/USDT trading pair and recharge service. The platform's spot trading section for Base has been launched, including BRETT, DEGEN, DOGINME, HIGHER, TYBG, NORMIE, TOSHI, PIZZA, DINO, and $MFER, with more Base chain projects coming soon.

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