基礎：以太坊 Layer 2 蓄勢待發

Base 是以太坊第 2 層 (L2) 區塊鏈，已成為加密貨幣領域的重要參與者，在總鎖定價值 (TVL) 方面迅速升至第三位。儘管缺乏原生代幣，Base 仍然經歷了顯著的增長，在活躍地址方面超越了 Arbitrum，並在每日交易量、DEX 交易量和穩定幣市值方面躋身 L2 前列。這一增長歸因於最近以太坊上的 EIP 4844 升級，這降低了 L2 的數據可用性成本。

Base: An Ethereum Layer 2 Poised for Dominance

基礎：以太坊第 2 層蓄勢待發

Introduction

介紹

In the burgeoning realm of blockchain technology, Ethereum Layer 2 (L2) solutions have emerged as a transformative force, offering increased scalability and reduced transaction costs compared to the base Ethereum network. Among these L2s, Base has garnered significant attention in recent weeks due to its remarkable growth and competitive position. This report delves into the current landscape of Base, its rapid adoption, and explores potential investment opportunities for investors seeking to capitalize on its potential.

在區塊鏈技術的新興領域，以太坊第 2 層 (L2) 解決方案已成為一股變革力量，與基礎以太坊網路相比，它提供了更高的可擴展性並降低了交易成本。在這些 L2 中，Base 由於其顯著的成長和競爭地位，在最近幾週引起了極大的關注。本報告深入探討了 Base 的當前狀況及其快速採用，並為尋求利用其潛力的投資者探索了潛在的投資機會。

Base's Ascendance in the L2 Ecosystem

Base在L2生態系的優勢

Base, launched by Coinbase, has swiftly risen to prominence within the L2 ecosystem. Despite having a limited operating history compared to established competitors like Arbitrum and Optimism, Base has rapidly ascended the ranks, capturing a significant market share.

由 Coinbase 推出的 Base 已在 L2 生態系統中迅速崛起。儘管與 Arbitrum 和 Optimism 等老牌競爭對手相比，Base 的營運歷史有限，但它的排名迅速上升，佔據了重要的市場份額。

Key Performance Indicators

關鍵績效指標

Various key performance indicators (KPIs) attest to Base's rapid growth and robust adoption.

各種關鍵績效指標 (KPI) 證明了 Base 的快速成長和強勁採用。

• Total Value Locked (TVL): Base currently ranks third in TVL among L2s, trailing only Arbitrum and Optimism, despite being a relative newcomer in the space.
• Active Addresses: Base has surpassed Arbitrum to become the L2 with the highest number of active addresses. Over 360,000 daily active addresses attest to Base's widespread usage, demonstrating the growing user base.
• New Users: Notably, over 50% of the active addresses on Base in March were from first-time users, indicating a continuous influx of new participants.
• Daily Transactions: Base recently ascended to the top spot in terms of daily transactions, processing over 3 million transactions per day, reflecting the significant volume of activity on the network.
• DEX Trading Volume: Base has surged into second place in decentralized exchange (DEX) trading volume and is poised to overtake the leading DEX within April.
• Stablecoin Market Cap: Base has witnessed a remarkable 548% increase in stablecoin market cap over the last 30 days, signifying its growing significance as a hub for stablecoin activity.

Factors Contributing to Base's Success

鎖定總價值(TVL)：Base 目前在L2 中TVL 排名第三，僅次於Arbitrum 和Optimism，儘管它是該領域相對較新的成員。 。超過36萬的每日活躍地址證明了Base的廣泛使用，顯示了不斷增長的用戶基礎。 。飆升至第二位並預計在4 月超越領先的DEX。因素

Several factors have fueled Base's meteoric rise:

有幾個因素推動了 Base 的快速崛起：

• EIP 4844 Upgrade: The recent EIP 4844 upgrade to Ethereum significantly reduced data availability costs for Ethereum L2s, benefiting Base and other L2 solutions.
• Native Token Absence: Unlike many L2s, Base currently does not have a native token, eliminating the need for token incentives to attract users. This unique approach has allowed Base to focus on adoption and utility.
• Coinbase Integration: As a product of Coinbase, Base enjoys seamless integration with one of the world's largest cryptocurrency exchanges, facilitating user on-boarding and accessibility.

Investment Opportunities

EIP 4844 升級：最近對以太坊的EIP 4844 升級顯著降低了以太坊L2 的數據可用性成本，使Base 和其他L2 解決方案受益。原生代幣缺失：與許多L2 不同，Base 目前沒有原生代幣，消除了代幣激勵的需要來吸引用戶。這種獨特的方法使 Base 能夠專注於採用和實用性。Coinbase 整合：作為 Coinbase 的產品，Base 與世界上最大的加密貨幣交易所之一無縫集成，方便用戶入門和訪問。投資機會

While Base does not offer a native token for investment, there are still avenues to capitalize on its growth and adoption:

雖然 Base 不提供原生代幣用於投資，但仍有多種途徑可以利用其成長和採用：

1. L2 Ecosystem Development: Investing in projects and protocols building on Base can leverage its growing user base and transaction volume.
2. Base-Specific Projects: Exploring investment opportunities in projects tailored to the Base ecosystem, such as those offering infrastructure, tools, and applications, can benefit from Base's growing prominence.
3. ETH Staking on Base: Coinbase has indicated that it will allow ETH staking on Base, providing investors with potential yield-generating opportunities through ETH staking.
4. DEX Trading on Base: As Base's DEX trading volume continues to grow, investors can capitalize on trading opportunities presented by the active DEX ecosystem.
5. Stablecoin Investment: The significant stablecoin market cap on Base presents opportunities for investment in stablecoins, which are increasingly used as a medium of exchange and store of value.

Conclusion

L2 生態系統開發：投資於Base 上構建的項目和協議可以利用其不斷增長的用戶群和交易量。Base 特定項目：探索針對Base 生態系統量身定制的項目的投資機會，例如提供基礎設施、工具和應用程式的項目，可以 Base 的ETH 質押：Coinbase 已表示將允許在Base 上進行ETH 質押，透過ETH 質押為投資者提供潛在的收益機會。Base 的DEX 交易：隨著Base 的DEX 交易量不斷增長，投資者可以透過ETH 質押獲得潛在的收益機會。可以利用活躍的DEX 生態系統提供的交易機會。穩定幣投資：Base 上巨大的穩定幣市值提供了投資穩定幣的機會，穩定幣越來越多地被用作交換媒介和價值儲存手段。

Base has emerged as a formidable force in the Ethereum L2 landscape, capturing a substantial market share and demonstrating remarkable growth across key metrics. Its unique approach, combined with the growing adoption of L2 solutions, positions Base for continued dominance and innovation. By exploring the investment opportunities outlined in this report, investors can capitalize on Base's potential and the broader growth of the Ethereum ecosystem.

Base 已成為以太坊 L2 領域的一股強大力量，佔據了巨大的市場份額，並在關鍵指標上展現了顯著的成長。其獨特的方法，加上 L2 解決方案的日益普及，使 Base 能夠持續佔據主導地位並不斷創新。透過探索本報告中概述的投資機會，投資者可以利用 Base 的潛力和以太坊生態系統的更廣泛成長。