Coinbase’s L2 network has achieved a new milestone as its daily active users crossed the 100,000 mark for the first time, reaching 136,000. The surge in user activity is attributed to the growing popularity of Friend Tech, a social network built on the Base network. Nearly 42,000 new users joined the network, indicating the robust growth of Base within the blockchain and crypto community. The L2 network offers faster and cheaper transactions, making it an ideal alternative for users looking to avoid high gas fees on Ethereum. With the rise of Base, Coinbase seems to be solidifying its position as a leading player in the crypto space.
Source: https://coinpedia.org/crypto-live-news/coinbases-base-l2-network-hits-100k-daily-users-with-friend-tech-boost/