Coinbase's Base Network Becomes 3rd Largest Ethereum Layer-2, Tops $4B in Total Value Locked

• Coinbase's Layer-2 blockchain Base Network tops $4B in Total Value Locked (TVL) • Base now ranks 3rd among Ethereum layer-2 solutions by TVL at $4.15B • Base passed rival Arbitrum for 30-day transaction count at 50.34M • Base is only top 5 layer-2 network to gain TVL over past week
• Analysts estimate $1T market cap for layer-2 solutions by 2030