Base Records $23 Million Inflows as Ethereum Faces $234 Million Outflows
Coinbase’s Layer 2 network Base attracted $23.34 million in the past 24 hours, while the Ethereum mainnet experienced significant capital exits.
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Terms & Concepts
Base: An Ethereum Layer 2 scaling solution incubated by Coinbase, designed to offer lower fees and faster transaction speeds.
Ethereum (ETH): A decentralized open-source blockchain system that features its own cryptocurrency, Ether, and serves as a platform for numerous other cryptocurrencies and smart contracts.