Base Celebrates Two Years of Mainnet Operation
Date: 2025-08-12 Author: Henry Casey Categories: BUSINESS
On August 9, 2023, the Base mainnet was opened to all users, and now the development team celebrated the “birthday” of its L2 platform. In two years, the project has managed to take a strong position in the Ethereum rollup market, second only to Arbitrum One in terms of scale.
According to on-chain analytics, the total amount of funds locked in the network’s smart contracts has increased by an impressive 8781% over the past year, reaching $4.46 billion. This figure demonstrates the rapid expansion of the ecosystem and growing interest from users and developers.
Audience activity has also shown a significant increase. Over the year, the number of active users has grown by 1280%, amounting to 1.25 million. The record was set on June 20, 2025, when the number of unique users per day reached 3.59 million. Such a surge in interest indicates large-scale adoption of the technology and the successful integration of Base into the crypto space.
The transaction activity indicators were no less impressive. The total number of transactions increased more than 20 times, and the average daily number of transactions for the year amounted to 7.5 million. This emphasizes that the network can handle high loads and ensure stable operation with a sharp increase in the volume of interactions.
The reduction in transaction costs deserves special attention. The average commission in the network has decreased almost twice compared to last year, reaching $ 0.005. In some periods, this figure fell below $ 0.001, which makes Base attractive for frequent and small transfers.
However, the year was not without difficulties. On August 5, a failure occurred in the Base infrastructure, which suspended block production for 33 minutes. The developers quickly identified the cause and promised to implement updates that will help prevent similar incidents in the future.
The second "birthday" became an opportunity for Base to demonstrate impressive statistics and strengthen its reputation as one of the leading solutions in the Ethereum ecosystem. If the current growth rate continues, the network has every chance to further increase its market share and increase competition among L2 solutions.
