Base

<ul class="news-points">
 <li><strong>Coinbase’s Ethereum-based Layer-2 network, Base, has surpassed the ZkSync Era in terms of Total Value Locked (TVL).</strong></li>
 <li><strong>Base’s TVL has increased by 25.23% in the past seven days, reaching $558 million.</strong></li>
 <li><strong>The main driver behind the surge in Base’s TVL has been the re-minting of the native token USDC on the network.</strong></li>
</ul>
<p>The Base network has surpassed the ZkSync Era regarding total value locked once again, as reported by Colin Wu, a Chinese reporter, known on X (formerly Twitter) as Wu Blockchain.</p>
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   <p lang="en" dir="ltr">According to L2Beat data, Base network TVL has increased by 25.23% in the past 7 days to US$558 million, surpassing zkSync Era (US$435 million) again. The main growth comes from the re-minting of native USDC on the network on October 4, with USDC increasing by 470.55% to 159…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1711204194492006711?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 9, 2023</a>
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<p>According to data from L2Beat, an analytics and research website about Ethereum layer 2 scaling, Base, Coinbase’s Ethereum-based Layer-2 network, total value locked (TVL) has increased by 25.23% in the past seven days, reaching $558 million. ZkSync Era, a layer-2 protocol that scales Ethereum with zero-knowledge proof technology for verification, curre…</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/base-network-surpasses-zksync-era-in-tvl-reaches-558m/">Base Network Surpasses ZkSync Era in TVL, Reaches $558M</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Base Network Surpasses ZkSync Era in TVL, Reaches $558M

Coin Edition

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