Base, Coinbase's Layer 2 Ethereum network, has surpassed Arbitrum as the largest rollup by TVL, reaching $2.49 billion across 366 protocols, largely driven by the DEX Aerodrome. It now ranks among the top five blockchain networks by TVL, behind Ethereum, Tron, Solana, and BNB Chain. Base leads in user activity, with 1.5 million daily active addresses, and has increased block capacity to handle growing demand. While still in its early stages without fraud-proof systems, Base plans to further decentralize as it continues to expand. Source: The Block
