As the high-profile Layer 2 solution developed by Coinbase, the traction that draws users to the Base network hasn't waned since the initial announcement leading up to the mainnet launch. Not only has the transaction count remained somewhat consistent, but the number of active users has also experienced a notable increase at a steady growth rate. This indicates sustained interest in the network. This development is somewhat surprising considering the negative publicity caused by the $BALD incident. Strangely, this incident doesn't appear to have significantly impacted the overall level of traction.

Overall, while the adoption level hasn't reached the same level as other Layer 2 solutions with speculative airdrops (which constitute a significant portion of on-chain activities), it will be interesting to observe how the network continues to grow over an extended period of time. Show Less

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