Coinbase’s New Blockchain Sees Surge in Daily Users
Coinbase has experienced a significant increase in daily users following the announcement of its new blockchain. Here are the key points:
- On August 10, nearly 30% of the daily users were new users, totaling 42,000 individuals.
- Coinbase reached 60,000 new users on July 31.
- CryptoRank data shows that Coinbase currently ranks fourth in daily transactions among layer 2 solutions.
- Base, Coinbase’s new project, launched its mainnet on July 13, with over 100 dapps and service providers.
- Base offers faster transaction speed and reduced costs compared to Ethereum, as it processes transactions outside the primary blockchain.
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Coinbase’s new blockchain, Base, has been met with enthusiasm from crypto enthusiasts, leading to a surge in daily users. With its faster transaction pace and reduced costs, Base poses a promising alternative to Ethereum. As Coinbase continues to develop and expand its services, it is likely to attract even more users and solidify its position in the cryptocurrency market.
