Base Chain Transactions Skyrocket as DEX Volume Approaches $400 Billion

Coinbase’s Layer-2 blockchain network, Base Chain, is experiencing significant growth in 2023. Key metrics, including transaction volume and user activity, are surging, solidifying its position as the industry leader. Nansen data reveals a substantial increase in transactions on Base, with weekly volumes jumping 27% to reach 65.9 million, significantly surpassing Ethereum’s (ETH) 9.4 million.