Base leads blockchain growth with 4,7 million new monthly users
- Base surpasses Ethereum with 4,7 million new monthly users.
- Base leads in DeFi super users, with 15,1 million registered.
- Uniswap grows 91,3% in Base, boosting DEXs on the platform.
Base, the Layer 2 network developed by Coinbase, has established itself as one of the biggest successes of the year in the blockchain sector. Using Optimism OP Stack technology, the platform has seen significant progress em metrics such as active users, transaction volume and average monthly growth of new users, standing out among competitors such as Ethereum, Arbitrum and Optimism.
Base was the big L2 winner of the year, surpassing competing chains like Arbitrum and Optimism on TVL, active users, transactions and transaction volume
🔗 https://t.co/7K38CEsn33 pic.twitter.com/tJvcACRkLz
— IntoTheBlock (@intotheblock) December 17, 2024
Since its public launch in August 2023, Base has shown impressive performance. In November 2024, the network saw an average of 4,7 million new users per month, outperforming other chains analyzed in a recent Flipside report. In October alone, Base accounted for 13,7 million of the 19,4 million new users across seven chains analyzed, including Bitcoin and Avalanche.
Base also led the way in the growth of “super users” — individuals with at least 100 monthly DeFi-related transactions. In early December, the network reached 15,1 million super users, surpassing Ethereum (10,7 million) and Polygon (7 million).
Base’s success is directly linked to the robustness of the Coinbase ecosystem, which holds around $130 billion in assets. In addition, its focus on popular sectors such as memecoin trading and NFTs has strengthened its position as a leader. Among the platform’s developments, Uniswap has experienced notable growth, jumping from 36,8% to 91,3% of total user activity acquired on decentralized exchanges.
Base’s performance underscores its ability to attract and retain a broad user base while providing scalable solutions for decentralized application (dApp) developers. With the combined support of Coinbase and the use of advanced technologies like optimistic rollups, Base is redefining adoption standards in the blockchain space. This growth also reflects its success in tapping into strategic sectors like NFT and memecoin trading, as well as strengthening its infrastructure for decentralized exchanges (DEXs) like Uniswap, which has seen a significant increase in network activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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