Base Transactions Record Hits 11.447M in Single Day

Key Points:

• Base Transactions Record reached 11.447 million on November 26, surpassing all other Layer 2 networks in a single day.
• Driven by Clanker’s and Virtuals Protocol’s popularity, Base DEX noted $42 billion in transaction volume, breaking its monthly record.

Base Transactions Record was set on November 26 with 11.447M daily transactions, driven by the meme craze, surpassing all other L2s. DEX volume hit $42B monthly.

Base Transactions Record Breaks 10 Million Milestone

With 11.447 million transactions in one day on November 26, Base set a record. For the first time, Base topped 10 million daily transactions, exceeding all Layer 2 solutions. Mostly, Clanker and Virtuals Protocol’s viral popularity showed the Base network’s growing activity and interest.

Base’s incredible success highlights its scalability and efficiency, which allow users to readily engage in large-scale operations. With its ability to exceed Layer 2s, the platform might govern the blockchain, attracting developers and consumers, according to Wu Blockchain.

Read more: Phantom Wallet Adds Base Network Expanding Multi-Chain Access

Base DEX Volume Hits $42 Billion Monthly Record

Beyond its transaction record, Base set a monthly DEX transaction volume of $42 billion. More meme coins and inventive technologies like Virtuals Protocol caused this boom, underlining the network’s relevance in distributed finance.

Based on its performance, Base’s distributed exchange environment can facilitate high-value exchanges. Base’s robust infrastructure and community-driven innovations are helping it become a significant player in the shifting DeFi environment as user engagement and developer interest rise.