Coinbase’s Ethereum Layer 2 Network Base recently teased native tokens for the first time since its launch in 2023. Additionally, activities on the chain are skyrocketing as users rush to qualify for planes.
The network’s locked total (TVL) reached a new high of $5.1 billion in early September, with weekly trading exceeding 90 million for the first time, up 10% from the previous 81 million at the end of December, driven by AI agent enthusiasts.
Base TVL and Transactions – Defilama
However, despite the increase in total transactions, the number of active addresses on the network continues to decrease, indicating that normal base users are increasing activity in the chain rather than new capital entering the ecosystem.
Social media speculators are under the impression that creators who have launched protocols or creator coins may stand to make the most profit from base airdrops.
Influencer and trader Icobeast said at X: “The base airdrop is massive, can’t be read between lines and is already crushing TXNs across a ton of wallets, so most people miss it.
Base founder Jesse Pollak responded to Icobeast and said, “One of the strange tricks to benefit from the new global economy: build, create, trade, and people on board.”
While Pollak and the Base team continue to push forward the idea of rewarding creators, Zora, the creator coin platform, has its Dex volume, the lowest since July, with a volume of just $6.26 million between September 15th and September 21st, reaching $54 million in the last month of July.
Zora Dex Volume – Defilama
