Press Releases

Base Blockchain Achieves Rapid Growth, Nearing 100 Million Unique Addresses

Base blockchain has emerged as one of the fastest-growing networks in the crypto space, recently becoming the second-fastest blockchain to reach the 100 million unique addresses milestone.

It accomplished this feat in approximately 420 days, just behind BNB Chain, which reached the same milestone in 414 days.

According to data from Coin98 Analytics, Base saw an impressive rise from 10 million to 100 million unique addresses in less than a year. This growth surge has also led to over 11 million monthly active users, reflecting the network’s increasing popularity and widespread adoption.

Base Witnessed Deployment Of 327,000 Contracts In Just One Day

Further data from Token Terminal reveals that Base saw the deployment of 327,000 contracts in just one day, indicating a significant migration of stablecoin users from Ethereum to Base. This trend underscores Base’s growing appeal as a go-to platform for users and developers looking for efficient and scalable blockchain solutions.

Related Post

Base’s rapid ascent is a testament to its strong infrastructure and the ability to attract a diverse and active user base. As more stablecoin users and developers continue to transition to Base, the blockchain is poised to solidify its position as a leading network in the cryptocurrency ecosystem.

With such remarkable growth in a relatively short period, Base’s future prospects look promising. As the blockchain ecosystem continues to evolve, Base is well-positioned to capitalize on its momentum and potentially become a dominant player in the industry. As more users and projects flock to the platform, Base’s influence in the blockchain space is likely to continue growing, making it a network to watch closely.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: skorzewiak/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Analysts Predict Major Price Gains for Cardano and IntelMarkets As Tron Reaches New  Milestone

Analysts Forecast Major Price Gains for Cardano and IntelMarkets; Tron Hits Another Milestone The Tron…

8 hours ago

ADA Whales Eye TradFi Token as XRP Prepares for Major Pump

ADA Whales Bullish on Hybrid TradFi Token as Presale Erupts Past $2.6M; XRP Shows Strength…

9 hours ago

Is Bitgert the Next Big Crypto? Price Predictions for 2024

The price of Bitcoin has remained stable at around $59K in the past 24 hours.…

16 hours ago

Bitgert’s Bright Future: Price Predictions to Watch in 2024

In the cryptocurrency market, known for its extreme volatility, token prices can vary dramatically. The…

16 hours ago

Qubetics Presale Gains Momentum Amid Rising Theta and Arweave Surge

Qubetics Presale Ready to Redefine the Future While Arweave Price Decline and Theta's Rapid Trading…

16 hours ago

$TURBO Launches On Binance Spot Trading: A Major Milestone For The Community

Last week saw significant shifts in Smart Money accumulation trends. Notably, $TURBO has now joined…

17 hours ago