Arkham, Coinbase’s Layer 2 Chain Base Integration

Arkham Intelligence has officially launched support for Base, the Layer 2 chain. CoinbaseAccording to arkhamintelligence.com, this integration will allow users to monitor Base activity directly from the Arkham platform.

Basic Chain Overview

base, Ethereum (ETH) Built on the OP Stack, the Layer 2 solution was incubated by Coinbase and aims to provide improved scalability and reduced transaction costs. Base’s mainnet was released to the public on August 9, marking the start of what Coinbase is calling “Onchain Summer.” In just 10 days, over 750,000 unique accounts have connected from Ethereum to Base, indicating strong early adoption.

New features for basic users

With Arkham integration, Base users can now:

• Check out the full token portfolio in the Base wallet.
• Visualize Base’s transactions across all account clusters.
• Track your favorite influencers at Friend.tech.

These features aim to provide greater transparency and ease of use for users participating in the Base ecosystem.

Early development of the basic ecosystem

One of the more prominent projects within the Base ecosystem is Friend.tech, an on-chain social platform that recently completed a seed round with Paradigm. Over 100,000 wallets have signed up and interacted with Friend.tech’s contract, demonstrating significant interest and engagement.

Additionally, “Base, Day One” is an NFT that celebrates the launch of the Base mainnet. It will be minable on the Onchain Summer portal until the end of August and has already been mined over 130,000 times. This NFT celebrates Base’s mission to bring more activity on-chain.

Implications for the on-chain economy

The collaboration between Arkham and Base is expected to enhance the transparency and accessibility of on-chain data. Arkham aims to support a more transparent on-chain economy, in line with Base’s broader mission by providing detailed insights and monitoring tools.

Image source: Shutterstock