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Coinbase reached has reached 136,000 daily users following the announcement of its new blockchain. 
According to <a href="https://dune.com/watermeloncrypto/base" data-type="link" data-id="https://dune.com/watermeloncrypto/base" target="_blank" rel="noopener noreferrer nofollow">Dune Analytics</a>, nearly 30% of the daily users on August 10 were new users, representing 42,000 of the total. On July 31, the company reached 60,000 new users. 
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 <img decoding="async" fetchpriority="high" width="942" height="421" src="https://crypto.news/app/uploads/2023/08/image-3.png" alt="The Coinbase layer-2 network reached 136k daily users - 1" class="wp-image-14184827"> 
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 Coinbase’s layer-2 daily users | Source: Dune Analytics 
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CryptoRank showed that Base currently stands in the 4th position for daily transactions, behind zkSync Era, Arbitrum and Optimism. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Base Now Ranks 4th in Daily TPS Among Layer 2 Solutions 🔵<a href="https://twitter.com/hashtag/Base?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Base</a> Layer 2 launched its mainnet yesterday and is showing robust growth in active users and transactions. Now it ranks 4th by daily TPS (Transaction per second). <a href="https://t.co/pnYF0tk7b0" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pnYF0tk7b0</a>— CryptoRank Platform (@CryptoRank_io) <a href="https://twitter.com/CryptoRank_io/status/1689637875292463104?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 10, 2023</a> 
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<a href="https://crypto.news/coinbases-base-mainnet-launches-to-public/" rel="noopener noreferrer nofollow">Coinbase</a> launched the beta version of its new project, known as Base, on February 23. The ecosystem has over 100 decentralized applications (dapps) and service providers. 
The mainnet version for developers and builders was launched on July 13, but the final version for users was launched on August 9. 
 You might also like: <a href="https://crypto.news/coinbases-base-mainnet-launches-to-public/" rel="noopener noreferrer nofollow"> Coinbase’s Base mainnet launches to public </a> 
On August 9, Jesse Pollak, the protocol lead at <a href="https://crypto.news/coinbase-invests-in-rocket-pool-rpl-rises-8/" rel="noopener noreferrer nofollow">Coinbase</a>, said that Base provides its users with a faster transaction pace and reduced transaction costs compared to Ethereum. 
Base is built using the OP Stack software from Optimism, which processes transactions outside the primary Ethereum blockchain. The project should provide a more scalable environment for dapps. 
Base allows users to make payments using crypto apps, launch a DAO, or interact with cryptocurrency projects like exchanges. 
 Read more: <a href="https://crypto.news/coinbase-will-remain-in-us-despite-regulatory-uncertainty/" rel="noopener noreferrer nofollow"> Coinbase will remain in US despite regulatory uncertainty </a>

The Coinbase layer-2 network reached 136k daily users

crypto.news

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