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A whole lot of hundreds of thousands of {dollars} value of Ethereum (ETH) and different crypto property have been moved to Coinbase’s new layer-2 scaling resolution Base simply hours after its launch.
New information from Dune Analytics reveals that about $163 million has been moved to the bridge, which is powered by the blockchain-scaling resolution Optimism (OP) because it publicly launched yesterday.
The information reveals 72,724 ETH value $135.8 million, $19.2 million value of stablecoin USD Coin (USDC), $5.7 million value of stablecoin Dai (DAI), and $3.1 million value of Coinbase Wrapped Staked Ethereum (cbETH) have been moved to the brand new layer-2 scaling resolution.
Moreover, the information reveals that the variety of every day lively customers on Base rose to its highest quantity ever, 100,983, simply at some point after Coinbase introduced that Base could be open to everybody.
Base’s every day transactions peaked at 607,000 in July when it opened to blockchain builders. On its public launch day, every day transactions reached over 380,000.
To commemorate the layer-2 scaling resolution’s public launch, Coinbase is throwing the first-ever on-chain summer time competition.
“Onchain Summer season kicks off at present to mark the launch of Base Mainnet. This multi-week on-chain competition celebrates on-chain artwork, tradition, music, gaming, and extra. Discover every day mints and tales delivered to you in collaboration with 50 of the world’s main builders, manufacturers, creators, and artists.”
In July, Coinbase mentioned its purpose was to onboard over a billion customers into the crypto sphere. Nonetheless, it famous that it has no plans to launch a token related to Base.
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