The post Base TVL surges to $8B just days after overtaking OP Mainnet appeared on BitcoinEthereumNews.com.

Base has topped the Ethereum layer-2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months. The total value locked (TVL) on the Ethereum layer-2 network Base has surpassed $8 billion days after overtaking Optimism’s OP Mainnet. L2Beat data shows that its TVL as of June 10 is $8.05 billion, including $2.14 billion of canonically bridged value — assets locked on Ethereum to be represented on Base — and $5.92 billion in natively minted assets. The Coinbase-supported chain surpassed OP Mainnet as the largest chain within the Superchain ecosystem last week and is now the second-largest Ethereum scaler in TVL, trailing Arbitrum One’s $18.27 billion. Read more Source: https://cointelegraph.com/news/ethereum-layer-2-base-total-value-locked-passes-8-billion

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Filed under: News - @ June 10, 2024 11:26 am