The trading volume of Base surged to a record high of $356 million on Tuesday

According to a report by Jinse Caijing, based on data from DefiLlama, the daily transaction volume of Ethereum Layer 2 network Base surged to a new high of $356 million on Tuesday, an increase of about 51% compared to Monday. Analysts predict that as Coinbase continues its efforts to connect its users with the on-chain economy, Base will continue to grow. Coinbase recently launched its smart wallet, which is expected to allow traders to directly use their balances on cryptocurrency exchanges on-chain.