Base’s Breakthrough: How Coinbase’s Layer-2 Network Surged to $4 Billion in TVL

The post Base’s Breakthrough: How Coinbase’s Layer-2 Network Surged to $4 Billion in TVL appeared first on Coinpedia Fintech News

Base, Coinbase’s Layer-2 network, shocked the crypto market last week with a surge in its total value locked (TVL), exceeding $4 billion for the first time. Interestingly, This week it has become a significant contributor to the company’s profits, estimated at $26 million in net profit since its launch in July 2023. Base’s robust transaction …