💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
The Rise of Base Chain: In-Depth Analysis of the Layer 2 Project with the Highest TVL Ranking
Base Chain: Analysis of the Most Popular Layer 2 Projects
Base chain is an Ethereum Layer 2 network launched by Coinbase and built on the Optimism OP Stack. Since its launch, Base chain has developed rapidly, performing excellently on multiple key metrics, surpassing several established Layer 2 projects.
Base Chain Data Performance
According to Defilama data, the TVL of the Base chain has exceeded $2.3 billion, ranking first among ETH-Layer 2. The number of on-chain addresses has grown from 24.55 million to 74.88 million, an increase of 205%. On-chain revenue has increased from $19.78 million to $76.55 million, an increase of 287%. Weekly trading volume has grown from $13.45 million to $47.06 million, an increase of 249%.
In terms of performance, the Base chain TPS reaches 66.28, making it the best performer among all Ethereum ecosystems. The number of weekly active addresses is also showing steady growth. These data indicate that the Base ecosystem is in a flourishing development stage.
The Application of USDC on the Base Chain
Circle has natively issued USDC on the Base chain and achieved cross-chain transfer through CCTP. Coinbase has partnered with Stripe to bring USDC to the Base platform, enabling faster and cheaper cross-border transfers. As of October 2024, the trading volume of USDC on the DEX of the Base chain has exceeded $20 billion, and the number of USDC holders continues to grow.
Overview of Base Chain Ecosystem
The Base chain ecosystem is already very complete, including multiple tracks such as Wallet, Bridge, DeFi, Gaming, etc., with a total of 323 Dapps. The main ecosystem projects include:
Innovations of Coinbase
Coinbase has launched the Based Agents service, allowing users to quickly create AI agents on the Base chain. The Virtuals Protocol is currently the most popular AI agent product, providing a new economic model for AI agents through tokenization.
Summary
The Base chain, supported by Coinbase, innovative technology applications, and a wealth of ecological projects, has become one of the most promising Layer 2 solutions in the Ethereum ecosystem, providing strong infrastructure support for the development of decentralized finance and Web3.