🚀 Base Network's TVL soars to $558M, beating zkSync Era! 📈

- Coinbase's Ethereum layer-2 protocol, Base, sees a 25% surge in total value locked (TVL) in just 7 days.

- The rise is due to the re-minting of native USD Coin (USDC) on the network, now holding 159M USDC.

- Last month, Base's TVL fell 18% to $437M after burning USD Base Coin (USDbC) in preparation for native USDC launch.

- Ethereum's L2 networks are on fire, with Base and zkSync Era surpassing Ethereum's TPS rate last month.

💬 What are your thoughts on the growth of layer-2 networks? Share in the comments!