Activity on the Coinbase-fostered Layer 2 blockchain base remains hot as March closes. Daily trading volume and volume reached record highs.
Data from the Dune Analytics dashboard created by user @watermeloncrypto shows that Base saw an all-time high of 2.27 million transactions on March 29.
The surge in daily activity comes after Base’s weekly transactions hit an all-time high of about 9.59 million on March 18. The previous weekly record was about 9.3 million in September last year.
Meanwhile, weekly network revenue on the base also hit an all-time high on March 18, according to the data.
Base’s decentralized exchange recorded its highest ever trading volume yesterday with total 24-hour volume of $657.19 million, according to data from Defi Llama.
March itself wiped out the previous month’s DEX activity on Base. According to the data, $6.67 billion was traded on the Base DEX this month, compared to $1.26 billion last month.
As The Block reported earlier this week, the total value of Base surpassed $1 billion at the same time Coinbase shared its plans to store more corporate and customer USDC balances on L2.
Sartoshi airdrops mfercoin to NFT holders.
What is currently contributing to Base activities is start cc0 is mfercoin created by Sartoshi, founder of mfers, a collection of non-fungible tokens. mfercoin tokens were airdropped late last night to mfer NFT holders.
According to CoinMarketCap, mfercoin price is currently $0.23 and its self-reported market capitalization is approximately $232 million.
According to data from CryptoSlam, sales of mfer NFTs have increased by more than 6000% in the last 24 hours, pushing the lowest price to 0.719 ETH on OpenSea.
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