Base Network is making headlines in the blockchain community as it continues to shatter records and set new benchmarks in performance.
As one of the leading Ethereum layer-2 networks, Base recently achieved a remarkable milestone of
106.26 transactions per second (TPS), a staggering uptick from an average of just 4 TPS earlier in the year.
This impressive surge in throughput is indicative of Base’s dedicated strategy to enhance its operational performance while competing against emerging technologies such as Solana.
Moreover, the network has experienced a tremendous increase in its total value locked (TVL), soaring past the $10 billion mark to an impressive $10.7 billion.
In doing so, Base secures its position as the second-largest Ethereum layer-2 solution in terms of TVL, trailing only behind Arbitrum One, which boasts a TVL of $18.3 billion.
This article delves deeper into Base Network’s unprecedented achievements in transaction speed and liquidity, while also addressing the challenges and security measures that accompany its expansive growth.
