Trending Narrative: Base
This Layer 2 is growing at lightning speed with no signs of slowing
Why we're watching
This Layer 2 is growing at lightning speed with no signs of slowing
Why we're watchingBase is an L2 built on OP Stack.
Base is an Ethereum L2 solution developed by Coinbase, built on Optimism's OP Stack. It is designed to eventually support millions of users and serve as the onchain home for Coinbase's products, offering a low-cost and developer-friendly environment.
As a result of these features, it has become the "consumer" chain in crypto for more social projects like DEGEN.
The L2 is important in crypto because it represents a significant advancement in developing an avenue to introduce retail crypto users to decentralized applications and the blockchain, with reduced transaction fees and faster transaction speeds.
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