在地緣政治動盪和法規波動率震撼的加密市場中，某些協議繼續自信地繪製其路徑

在地緣政治動盪和法規波動率震撼的加密市場中，某些協議繼續自信地繪製其路徑

In a crypto market battered by geopolitical unrest and regulatory turbulence, some protocols continue to navigate the shifting landscape with quiet confidence. Enter Base, the layer two solution launched by Coinbase, which week after week is proving to be the most dynamic Ethereum L2 network in terms of volume, TVL, fees generated, and stablecoin growth.

在被地緣政治動盪和監管動盪襲擊的加密貨幣市場中，一些協議繼續以安靜的信心在轉移的情況下導航。輸入基地，這是Coinbase推出的第二層解決方案，該解決方案又一周又一周被證明是最具動態的以太坊L2網絡，就數量，TVL，Feed產生和Stablecoin增長而言。

At a time when the competition between Optimism and Arbitrum is heating up, Base is playing a different tune—one of consistent build and a quiet rise to power.

在樂觀與索意活動之間的競爭正在加熱之間，基地的曲調正在播放不同的曲調，這是一致的構建和安靜的力量上升。

Since the late 2024 rally, Base has consolidated its leading position among the L2 networks of the Ethereum ecosystem. Even after months of less favorable market conditions, the protocol remains number one on key metrics.

自2024年後期以來，基地已經整合了其在以太坊生態系統的L2網絡中的領先地位。即使經過幾個月的市場條件，該協議仍然在關鍵指標上排名第一。

According to Coingecko data, Base recorded $755 million in volume over 24 hours, which is $108 million more than Arbitrum, its closest competitor. In terms of TVL, the gap is even more significant: $2.71 billion of total value locked for Base compared to about $2.1 billion for Arbitrum One.

根據Coingecko Data的數據，Base在24小時內的數量為7.55億美元，比最接近的競爭對手索賠高1.08億美元。就TVL而言，差距更加顯著：基本的總價值鎖定為27.1億美元，而仲裁一項則約為21億美元。

However, while the TVL in dollar value has been decreasing since December, the amount of ETH locked is increasing, reaching 1.9 million ETH.

但是，雖然自12月以來，美元價值的TVL一直在下降，但ETH鎖定的數量正在增加，達到了190萬ETH。

In terms of revenue, the trend is equally remarkable. Between April 6 and 7, according to Dune Analytics, Base generated $570 million in transaction fees, outperforming Arbitrum ($500 million) and other competitors by a large margin.

在收入方面，趨勢同樣出色。根據沙丘分析，在4月6日至7日之間，基地產生了5.7億美元的交易費用，超過仲裁（5億美元）和其他競爭對手的差額很大。

« Base and Arbitrum saw a surge in revenue last weekend, » notes Dune.

沙丘指出，“基本和仲裁的收入激增”。

Base has hit $570 million in fees, the highest figure in the segment.

基地的費用達到了5.7億美元，是該細分市場中最高數字。

The analysis also highlights the strong presence of Base in DEX activity, with a 60% market share, confirming its driving role in Ethereum DeFi. Certainly, we observe a cooling of DEX volume since January, reaching a low around March 22. But since then, trading has resumed an upward trajectory, returning to the levels of November-December, a period of intense activity in the crypto markets.

該分析還凸顯了DEX活動中基本的強大存在，市場份額為60％，證實了其在以太坊Defi中的駕駛作用。當然，我們觀察到自1月以來的DEX量的冷卻，在3月22日左右達到了低點。但是從那以後，交易恢復了向上的軌跡，恢復了11月至12月至12月的水平，這是加密貨幣市場的激烈活動時期。

The strength of Base cannot be measured solely by volume or TVL. The network’s utility indicators tell another story, equally crucial.

基礎的強度不能僅通過音量或TVL來測量。該網絡的實用程序指標講述了另一個故事，同樣至關重要。

The number of daily transactions, after peaking at 13 million in early January, has stabilized around 7 million in early April. A decline, to be sure, but a level still significantly higher than before November 2024, demonstrating that the network has acquired a user base.

每日交易的數量在1月初達到1300萬，在4月初穩定了約700萬。可以肯定的是，下降的水平仍然高於2024年11月之前，這表明該網絡已經獲得了用戶群。

In terms of stablecoins, the trend is equally clear. In April 2023, the stablecoin capitalization on Base was $1.79 billion. A year later, it stands at $4.25 billion, an increase of 137%. This level of stable liquidity is a powerful indicator of confidence in the Base infrastructure for hosting fast and secure exchanges.

就穩定劑而言，趨勢同樣明確。 2023年4月，基地的Stablecoin資本化為17.9億美元。一年後，它的價格為42.5億美元，增長了137％。這種穩定的流動性水平是對託管快速和安全交流的基礎基礎架構信心的有力指標。

« The growth of liquidity showcases a network’s efficiency in circulating value, » the Dune analysts add.

沙丘分析師補充說，“流動性的增長展現了網絡在循環價值方面的效率”。

Finally, the increasing adoption of Base by developers is a key factor in its dominance. Each week, new protocols are joining the network, drawn by the low fees and superior execution speed—attributes that, in a context of congestion on Ethereum and rising costs on other L2s, make Base an increasingly attractive alternative.

最後，開發人員對基礎的採用不斷增加是其主導地位的關鍵因素。每週，新協議都以低費用和卓越的執行速度吸引的網絡加入網絡，這是在以太坊的擁擠和其他L2s上漲的背景下，使基地成為越來越有吸引力的替代方案。

The upshot? Base does not rely on the hype of announcements or short-term speculation. Its strategy is founded on strength, organic growth, and alignment with the real needs of users. In a market where positions shift rapidly, Base emerges as the discreet yet essential rock of Ethereum Layer 2 solutions.

結果？基礎不依賴公告或短期投機的炒作。它的策略建立在強度，有機增長和與用戶的實際需求的一致性上。在位置迅速轉移的市場中，基本是以太坊2層解決方案的謹慎而必不可少的岩石出現的。