Coinbase’s Layer 2 (L2) blockchain network basehas seen significant growth in daily transactions and total value locked (TVL). The increase in transactions and daily activities on the L2 platform has developed mainly due to the growing popularity of meme coins associated with the network.
According to DefiLlama data, Base’s TVL exceeded $1 billion, reaching $1.202 billion as of April 3. In addition, daily transactions on the platform reached an all-time high of 2.34 million on April 2.
Most traded Base based meme coinOne of the ‘s was DEGEN with a 24-hour trading volume of $90,643,190. As of press time, DEGEN is trading at $0.04194, up 4.4% in one hour. Despite the daily decline of 3.2%, meme coin achieved a significant weekly gain of 154.8%.
Other notable meme coins on Base include BRETT, ROOST, KEYCAT and ANIME. At a price of $0.07523, BRETT recorded a 24-hour increase of 29% and a 24-hour trading volume of $19,192,576. ROOST is currently trading in a downtrend with its price at $0.0698. ROOST stands out with a one-day trading volume of $10,634,621, despite a 24-hour decline of 11% and a weekly decline of 25%.
Similarly, KEYCAT and ANIME also attracted attention with their significant trading volumes. For example, KEYCAT recorded a 24-hour trading volume of $13,244,640, consistent with a 26.4% 24-hour price increase. ANIME is showing a negative outlook with a 20.1% decline in the last 24 hours at a price of $0.00793. However, ANIME was on the agenda the other day with a transaction volume of $ 4,907,396.
