Base Revolutionizes Ethereum Layer 2s with Major Scaling Upgrades

Coinbase’s Base, a popular Ethereum Layer 2 network, is rolling out significant upgrades aimed at making transactions faster and cheaper. These enhancements come as Base’s total value locked (TVL) – the total value of assets held on the network – has reached $4 billion, signaling renewed investor confidence. 💰 Base’s upgrade plans promise reduced transaction confirmation times under 200 milliseconds, fees less than one cent per transaction, and processing speeds up to 200 transactions per second, boosting user experience and appeal.