According to a Uniswap Labs chart, Base has outperformed its monthly records from the beginning of the year. Base’s trading volume has increased dramatically, topping prior monthly highs. In January, it was $329 million, rising to $675 million in February. The following month witnessed an extraordinary surge to $9.4 billion, indicating an increase in customer interest.
Base’s feature updates on Layer-2 protocols have attracted more users, as seen by its $7.8 billion trading volume in mid April. April is on track to break March’s record as it approaches the midway mark.
Coinbase’s VP of Consumer Products, Max Branzburg, said in March that the company would hold USDC balances on the Base Network. This approach attempts to improve fund management, reduce expenses, and accelerate payments.
Base leads Ethereum’s Layer-2 community with 45.21 million transactions in 30 days, outpacing Arbitrum One and Ethereum. It has boosted its Total Value Locked (TVL) to $4 billion, demonstrating resilience despite recent network issues.
Read also: Coinbase Teams Up with Lightspark to Enable Bitcoin Lightning Payments
