๐Base Network's TVL takes a hit, but optimism remains!๐
- Coinbase-incubated Layer2 blockchain, Base, sees a dip in Total Value Locked (TVL) by 18.28% to $437M in the past week.
- Main reason: extensive burning of Base USDC on Sep 29 ๐
- Despite the decrease, Base remains a strong contender in the space, having bridged over $459M since inception ๐ช
Top 5 Rollups Update:
1. Arbitrum One: TVL up by 10.12% to $6.17B
2. OP Mainnet: TVL up by 8.29% to $2.80B
3. zkSync Era: TVL up by 15% to $476M
4. Base: TVL down to $437M
What are your thoughts on Base Network's future? Share in the comments!๐ฌ #Web3 #Layer2
- Coinbase-incubated Layer2 blockchain, Base, sees a dip in Total Value Locked (TVL) by 18.28% to $437M in the past week.
- Main reason: extensive burning of Base USDC on Sep 29 ๐
- Despite the decrease, Base remains a strong contender in the space, having bridged over $459M since inception ๐ช
Top 5 Rollups Update:
1. Arbitrum One: TVL up by 10.12% to $6.17B
2. OP Mainnet: TVL up by 8.29% to $2.80B
3. zkSync Era: TVL up by 15% to $476M
4. Base: TVL down to $437M
What are your thoughts on Base Network's future? Share in the comments!๐ฌ #Web3 #Layer2