Base Network Surpasses ZkSync Era in TVL, Reaches $558M
- Coinbase’s Ethereum-based Layer-2 network, Base, has surpassed the ZkSync Era in terms of Total Value Locked (TVL).
- Base’s TVL has increased by 25.23% in the past seven days, reaching $558 million.
- The main driver behind the surge in Base’s TVL has been the re-minting of the native token USDC on the network.
The Base network has surpassed the ZkSync Era regarding total value locked once again, as reported by Colin Wu, a Chinese reporter, known on X (formerly Twitter) as Wu Blockchain.
According to data from L2Beat, an analytics and research website about Ethereum layer 2 scaling, Base, Coinbase’s Ethereum-based Layer-2 network, total value locked (TVL) has increased by 25.23% in the past seven days, reaching $558 million. ZkSync Era, a layer-2 protocol that scales Ethereum with zero-knowledge proof technology for verification, curre…
The post Base Network Surpasses ZkSync Era in TVL, Reaches $558M appeared first on Coin Edition.
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Base Network Surpasses ZkSync Era in TVL, Reaches $558M
- Coinbase’s Ethereum-based Layer-2 network, Base, has surpassed the ZkSync Era in terms of Total Value Locked (TVL).
- Base’s TVL has increased by 25.23% in the past seven days, reaching $558 million.
- The main driver behind the surge in Base’s TVL has been the re-minting of the native token USDC on the network.
The Base network has surpassed the ZkSync Era regarding total value locked once again, as reported by Colin Wu, a Chinese reporter, known on X (formerly Twitter) as Wu Blockchain.
According to data from L2Beat, an analytics and research website about Ethereum layer 2 scaling, Base, Coinbase’s Ethereum-based Layer-2 network, total value locked (TVL) has increased by 25.23% in the past seven days, reaching $558 million. ZkSync Era, a layer-2 protocol that scales Ethereum with zero-knowledge proof technology for verification, curre…
The post Base Network Surpasses ZkSync Era in TVL, Reaches $558M appeared first on Coin Edition.
Read More