Coinbase’s layer-2 network, Base, achieved a new daily transaction record, surpassing its previous highest since its launch in August, as per BaseScan’s blockchain explorer data. On September 14, Base recorded 1.88 million transactions, exceeding its former record of 1.41 million transactions on August 21—the network’s launch month. This achievement positioned Base above other competing chains like Optimism and Arbitrum, which together accounted for 878,000 transactions on the same day.
However, despite this achievement, Base still trails behind more established blockchains like Polygon and BNB Smart Chain (BSC). Polygon recorded 2.1 million transactions, while BSC registered 3.1 million transactions on that day.
In contrast to its previous transaction record on August 21, which coincided with 136,000 daily active users, Base did not have as many users this time around. Dune Analytics data shows that Base had approximately 86,000 daily active users on September 14.
Base was officially launched on August 9, enabling users to bridge tokens, swap tokens, provide liquidity, mint non-fungible tokens (NFTs), and engage in other layer-2 network activities. Since its inception, the crypto community has embraced the network. On September 6, over 700,000 NFTs were created by more than 268,000 unique wallets on Base. In its initial two weeks, the blockchain saw over $242 million in crypto assets bridged, with 130,000 unique wallets engaging daily.