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Base, Coinbase's L2 network, has surged to three million daily active addresses and 13.4 million transactions, driven by the popularity of AI-related tokens from the Virtuals protocol. Despite this growth, Base's metrics remain significantly lower than Solana's, which boasts over five million addresses and 56.8 million transactions daily. Tensions between the two ecosystems have escalated, with criticisms aimed at Base's attempts to attract Solana users and debates over the long-term viability of corporate L2 networks.
Binance has partnered with Circle to integrate USD Coin (USDC) across its services, aiming to enhance adoption and position USDC as a key asset for corporate treasury operations. This collaboration seeks to expand USDC's reach, offering seamless trading and payment options to Binance's 240 million users. The move also reflects a strategic shift for Binance, which previously discontinued USDC support, as it aims to compete with Tether's USDT in the stablecoin market.
Luke Youngblood
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
coinbase's base network sees record growth amid competition with solana
23:02 02.01.2025
Binance partners with Circle to boost USDC adoption in crypto market
11:08 11.12.2024
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