Coinbase's Layer 2 Chain Base is integrated by Arkham. 🚀

Arkham Intelligence Supports Coinbase’s Base Chain

Arkham Intelligence has launched support for Base, the Layer 2 (L2) chain developed by Coinbase, allowing users to monitor their Base activity directly on the Arkham platform.

Base Chain Overview

Base is an Ethereum (ETH) Layer 2 solution built on the OP Stack, incubated by Coinbase to provide enhanced scalability and reduced transaction costs. The mainnet of Base opened to the public on August 9th, with over 750,000 unique accounts bridging to Base from Ethereum in just ten days.

New Features for Base Users

Integration into Arkham offers Base users:

Viewing a complete token portfolio of their Base wallets.
Visualizing transactions on Base from any cluster of accounts.
Tracking favorite influencers on Friend.tech.

These features enhance transparency and usability for users in the Base ecosystem.

Early Developments in the Base Ecosystem

In the Base ecosystem, Friend.tech is a notable project, an on-chain social platform that completed a seed round with Paradigm. Over 100,000 wallets have engaged with Friend.tech’s contracts, demonstrating significant interest.

“Base, Day One” is an NFT commemorating the Base mainnet launch, available for minting on the Onchain Summer portal until the end of August. It has been minted over 130,000 times, celebrating Base’s mission to bring more activities onchain.

Implications for the Onchain Economy

The collaboration between Arkham and Base aims to enhance the transparency and accessibility of onchain data. Through detailed insights and monitoring tools, Arkham supports a transparent onchain economy in line with Base’s vision.

Hot Take: Enhancing Onchain Activity Monitoring

With Arkham Intelligence now supporting the Base Chain developed by Coinbase, users can seamlessly track their Base activity on the Arkham platform, providing enhanced transparency and usability. This integration marks a significant step towards a more robust and accessible onchain economy. Stay tuned for more developments in the evolving crypto space!