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Base Layer 2 Ecosystem Showcases Robust Growth, with AERO Token Emerging as a Cornerstone

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Release: 2024-08-23 15:33:10
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The Base ecosystem has become a focal point, especially on Crypto Twitter (CT). AERO and PRIME have emerged as the leading tokens within the network.

Base Layer 2 Ecosystem Showcases Robust Growth, with AERO Token Emerging as a Cornerstone

Layer 2 network Base is surging ahead, boasting nearly 40% more daily active addresses than both Arbitrum and Optimism combined.

Meanwhile, key takeaways from the Base ecosystem include AERO emerging as the top token with the highest daily transaction volume, 156,932 holders, and a 9.24% price increase on August 21.

However, not all tokens are performing equally, with SONNE lagging behind and raising concerns with its 92% whale concentration. Additionally, tokens like BSAP and WELL show high correlations with Ethereum, and AERO dominates key metrics, establishing itself as a core asset within the Base network.

Despite Base's strong performance in handling a substantial share of Layer 2 transactions, token performance on the network has been mixed, with $TOSHI being the only significant token where most holders are still in profit.

Furthermore, Base is also leading the way in NFT creation, recording the highest number of new NFTs minted in the past 30 days, with a 65% increase in comparison to other blockchains like TON, Avalanche, BNB Chain, and Mint.

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