Coinbase’s Base Chain Reaches 5 Million Daily Contracts: A Milestone in Layer-2 Development

Coinbase’s Base Chain has broken new ground, surpassing 5 million daily contract deployments. This significant milestone, reported by PANews on May 28, 2025, is driven by Coinbase’s strategic expansion plan for its Ethereum Layer-2 solution and a surge in developer activity. This growth coincides with increased interest in Ethereum Layer-2 solutions, fueled by the expanding DeFi space.