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Cryptocurrency News Articles

Base Blockchain Emerges as a Fast-Growing Network in the Crypto Space

Aug 13, 2024 at 04:47 pm

Base blockchain has emerged as one of the fastest-growing networks in the crypto space, recently becoming the second-fastest blockchain to reach the 100 million

Base Blockchain Emerges as a Fast-Growing Network in the Crypto Space

Base blockchain has emerged as one of the fastest-growing networks in the crypto space. According to data from Coin98 Analytics, Base achieved the 100 million unique addresses milestone in approximately 420 days, just behind BNB Chain which reached the same milestone in 414 days.

This growth spurt has also led to over 11 million monthly active users, reflecting the network’s increasing popularity and widespread adoption.

Moreover, recent data from Token Terminal showed that Base witnessed the deployment of 327,000 contracts in just one day, highlighting a significant migration of stablecoin users from Ethereum to Base.

As more stablecoin users and developers continue to transition to Base, the blockchain is poised to solidify its position as a leading network in the cryptocurrency ecosystem.

Original source:themerkle

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