Base Surpasses Arbitrum as Largest Ethereum L2 by Active Users
Coinbase's Base network has overtaken Arbitrum to become the most actively used Ethereum Layer 2, driven by social apps, meme coins, and Coinbase Wallet integration.
Base, Coinbase's Ethereum Layer 2 network, has surpassed Arbitrum in daily active addresses for the first time, recording 4.2 million unique addresses in a single day. The milestone caps a period of explosive growth fueled by consumer applications, social protocols, and deep integration with Coinbase's 100M+ user base.
Farcaster, the decentralized social protocol, has been a key driver — its Frames feature brings on-chain interactions directly into social feeds. Meme coin activity on Base has also surged, with automated market makers processing over $800 million in daily volume.
Base's average transaction fee sits at $0.001, enabled by Ethereum's expanded blob space post-Pectra. The network processes over 100 transactions per second, rivaling Solana's throughput at a fraction of the cost.
Jesse Pollak, Base's lead, noted that the network's strategy of "bringing the next billion users on-chain" is showing results: "We're seeing people interact with crypto for the first time without even knowing they're on a blockchain."
