📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The Rise of Base Chain: TVL at the Top, Ecosystem in Full Bloom
Comprehensive Analysis of Base Chain Ecosystem Development
Base chain is a project incubated by Coinbase, aiming to become part of the Optimism superchain. The development of Base chain is rapid, and according to the data, its TVL has surpassed several established Layer 2 projects, making it the current number one Layer 2 project in terms of TVL ranking.
Introduction to Base Chain
Base Chain is a Layer 2 solution built on the OP Stack development toolkit supported by Optimism. It utilizes Optimistic Rollups technology, offering advantages such as easy compatibility with Ethereum and low computational complexity. Base has joined as the second core development team in the development of OP Stack and Superchain, aiming to enhance the activity of the superchain and promote the growth of the developer ecosystem.
On-Chain Data Analysis for Base
TVL
The TVL of the Base chain saw a significant increase after September, growing from $1.419 billion to $2.388 billion, an increase of 68.28%. Among all ETH-Layer2s, Base ranks first in TVL growth.
On-chain address count
The number of addresses on the Base chain saw a significant increase after August, rising from 24.55 million to 74.88 million, a growth rate of 205.01%. This indicates that the number of on-chain users has more than doubled in the past three months.
Base chain income
Base chain revenue increased from 19.78 million dollars in March to 76.55 million dollars now, with a total increase of 287%, and an average monthly increase of 41%.
weekly trading volume
The weekly trading volume on the Base chain has increased from 13.45 million in May to 47.06 million now, with a total increase of 249% and an average monthly increase of 49%.
On-chain performance
Base's TPS reached 66.28, surpassing the performance of other chains, making it the best performer in the entire Ethereum ecosystem.
Circle's Support for Base
Circle officially announced support for the Base chain, issuing USDC on the Base chain. USDC is natively available on the Base chain, greatly simplifying operations and improving efficiency. Circle has also developed CCTP to enable the secure transfer of USDC across different blockchains.
Coinbase has partnered with Stripe to bring USDC to the Base platform, enabling faster and cheaper cross-border transfers and quick conversion from dollars to cryptocurrency.
The ecological situation of the Base chain
The Base chain ecosystem is comprehensive, including multiple tracks such as Wallet, Bridge, Defi, Gaming, Onramp, Dao, Infra, Social, Security, and NFT, with a total of 323 Dapps.
DeFi track
Major projects include Aerodrome, Uniswap, and Morpho Blue.
Meme Coin Track
Meme coin projects with very high popularity frequently appear on the Base chain, attracting a large amount of market traffic.
SocialFi track
The main projects include friend.tech and Farcaster, bringing a large number of new users and funds to the Base chain.
Coinbase's Innovations on the Base Chain
Coinbase has launched the Based Agents service, allowing users to quickly create AI agents on the Base chain. The Virtuals Protocol is one of the most popular AI agent products on the Base chain.
Summary
Base Chain, launched by Coinbase as an Ethereum Layer 2 network, has developed rapidly since its inception. It has performed excellently in key metrics such as TVL, user growth, and trading volume, surpassing many established Layer 2 projects. The Base Chain ecosystem covers several popular sectors including DeFi, Meme coins, and SocialFi, and actively explores the combination of AI and blockchain. With the support of Coinbase, innovative technological applications, and a rich variety of ecosystem projects, Base has become one of the most promising Layer 2 solutions in the Ethereum ecosystem.