Layer-2 solutions are crucial in the blockchain ecosystem because they address a significant hurdle for blockchains: scalability.
Layer-2 chains provide faster transactions, an improved user experience, and the scalability needed for growth.
Base, the Layer-2 developed by Coinbase in 2023, is one of the newest players in this ecosystem, but it has quickly overtaken its competitors in terms of transaction counts, revenue, and developers.
In line with its promise to bring one billion users to blockchain, it has also closed the gap in active daily users. (See the top line.)
By providing lower transaction fees, ease of use, and broad support for apps and protocols, Base has grown incredibly fast. More importantly, growth is only beginning, and Base is poised to become the dominant L2 solution.
Unfortunately, there's no way to invest directly in this growth. Base has no native token, but you can invest indirectly through Coinbase stock ($COIN). |