Dune data shows that the total number of transactions on the second layer network Base Chain supported by Coinbase has exceeded 90 million, currently reaching about 90.82 million, with user transaction volume exceeding 80 million and the number of users on the chain is about 3.588 million. In addition, the number of blocks generated on the Base Chain has reached 10.19 million, and gas fees consumed have exceeded 3,327.84 ETH.

According to the latest data from Dune, a total of 400,018 user addresses have been bridged by Base, an Ethereum Layer 2 solution supported by Coinbase. In addition, the TVL bridged by Base is about 322,000 ETH, which is approximately worth $750 million at current prices.

According to Dune data, the TVL of the cross-chain bridge storage of Base, the Ethereum layer 2 expansion solution, has reached 310,000 ETH, and has now reached 317,849 ETH. The number of users participating in bridge transactions has exceeded 390,000, currently at 397,537.

Data indexing infrastructure SubQuery plans to launch a public token sale on January 30, 2024, and then release the SubQuery Network mainnet on the second layer network Base built by Coinbase. They also plan to launch full RPC support on the Base chain in March, aiming to promote SubQuery's decentralization in the future of blockchain technology. SubQuery stated that by building on Base, they will gain access to Coinbase product integration, fiat gateways, and tools, and their users will also be able to interact on SubQuery's decentralized infrastructure network.

According to official sources, Ethereum Layer 2 network Base has released a specific timetable for migrating from Goerli to Sepolia, including:

According to Dune Analytics data, the number of contracts created on the second-layer scaling network Base Chain launched by Coinbase has exceeded 50 million. At the time of writing this article, the number has reached 55,214,176. Historical data shows that this indicator exceeded 20 million at the end of September this year, and then exceeded 30 million at the beginning of October. This means that the total number of contracts created on the Base Chain has grown by more than 60% in the past three months.

Blockchain Base, driven by Coinbase, announced a partnership with blockchain music platform Sound.xyz on December 19, allowing artists to create music through the Base ecosystem.Sound announced on X that because the Base ecosystem is Ethereum's second layer, the gas fees for minting non-fungible tokens (NFTs) are cheaper and transactions are faster. The company said these factors will also allow artists to upload and withdraw without having to buy cryptocurrency or bridge funds.

Surf Protocol, a decentralized derivative exchange led by ABCDE Capital, announced that it has launched its mainnet on the Base network. Surf protocol is said to support trading and listing of over 10,000 assets. Surf has also partnered with Galxe to launch corresponding exclusive reward activities.

According to the latest data from CoinGecko, the current total locked value (TVL) of the Base blockchain is $405,960,818, with a 24-hour increase of 1.9%; the 24-hour trading volume is $79,794,825, with an increase of 17.5%.

According to the latest data from L2beat, Coinbase's second-layer scaling solution, Base Network, has a total locked value (TVL) of over $700 million for the first time. At the time of writing this article, it has reached $704 million, setting a new historical high with a 7-day increase of 8.17%, as reported by Jinse Finance.