Moving forward steadily, looking at the development of Base from the 2024 roadmap

ผู้เขียนต้นฉบับ: shaofaye 123, Foresight News

Recently, all AI tokens in the Base ecosystem have generally risen, with VIRTUAL rising 37% in 24 hours; LUNA rising nearly 25% in 24 hours; AIXBTs market value reaching a maximum of US$200 million; SEKOIA and GAME by Virtuals (GAME) rising more than 100% in 24 hours, with a strong wealth-creating effect. Net capital inflows continue to increase, developer activity is also steadily improving, and the ecosystem performance is quite impressive. This article will take a look at the situation and changing trends of developers, ecology, and capital markets in the Base network this year from a data perspective.

Roadmap for early 2024

In January this year, Base released its 2024 strategy and roadmap, which regards Base as an economy consisting of three parts: developer platform, application ecosystem and capital market, and builds around it. It aims to accelerate decentralization while improving network availability, reducing fees across the board, setting smart wallets as default settings, simplifying on-chain, and introducing Coinbase on-chain. As the end of the year approaches, Base has once again attracted attention from all parties with its AI agent. The 2024 annual roadmap seems to have been quietly completed.

Developer activity is growing steadily

On-chain developers are crucial to public chains. They are responsible for building and deploying smart contracts, decentralized applications (DApps), and other blockchain technology solutions. On-chain developers drive innovation in public chain technology and diversify applications, and are the source of value for public chains. Active developers can bring innovation to the ecosystem. The prosperity of the ecosystem will attract capital inflows, thus achieving a positive flywheel.

At the beginning of the year, Base listed on-chain developers as an important part of the three components of the economy. As of July 2024, according to the Developer Report data, the average monthly number of active developers on the Base chain reached 3,991, and the number of full-time active developers was nearly 900, second only to Ethereum, an increase of 52%, the fastest growth among all block networks, and the second largest developer active network in the entire public chain market.

Image source: https://www.developerreport.com/

In addition, Base has many incentives for developers. As a standardized EVM, developers can also deploy contracts more easily to increase on-chain activity. According to Dune (@sixdegree), the number of contracts created on the Base network is growing steadily each month.

Image source: https://dune.com/sixdegree/base-blockchain-overview

The ecosystem is becoming increasingly rich

The Base ecosystem has DeFi but it is never limited to DeFi. 66% of its active on-chain applications are non-DeFi. Base network applications have performed extremely well in the fields of NFT, social, and AI.

Recently, the AI tokens of the Base ecosystem have generally risen, which has a good wealth-creating effect. SEKOIA and GAME by Virtuals (GAME) have risen by more than 100% in 24 hours. At the same time, the transaction volume on the Base chain has also ushered in rapid growth. According to Dune data (@watermelonการเข้ารหัสลับ), the transaction heat reached a new peak of 11.44 million on November 26. Compared with the beginning of 2024, the number of transactions has increased 42 times, and its transaction activity undoubtedly shows the infinite development potential of Base.

Image source: https://dune.com/watermeloncrypto/base

In addition to the increase in the number of transactions, user activity has also increased significantly. According to Dune data (@watermeloncrypto), the weekly active addresses on the Base chain have surged from 300,000 in January to 6.57 million in November, and reached an all-time high of 7.19 million on October 7, an increase of more than 2,000% so far.

Image source: https://dune.com/watermeloncrypto/base

Capital market funds continue to flow in

As the ecosystem becomes more popular, capital markets continue to flow in. According to L2 BEAT data, as of November 29, Bases total locked value (TVL) has surpassed Optimism, becoming the second largest L2 network, second only to Arbitrum.

Image source: https://l2 beat.com/scaling/summary

ตาม โทเค็น Terminal data, Base has also been growing steadily in terms of revenue, with revenue continuing to increase from September to date.

Image source: https://tokenterminal.com/

In addition, it is worth noting that according to Artemis data, Bases net capital inflow in November 2024 has surpassed Solana, and the monthly inflow rate is also increasing. The continuous inflow of funds into the Base chain reflects that its ecosystem is still on the eve of an explosion.

Image source: https://app.artemis.xyz/home

บทสรุป

At the beginning of 2024, Base made a mission: to build a global on-chain economy that promotes innovation, creativity, and freedom. Recently, Base has continued to grow in terms of developer activity and ecosystem richness, and the flow of funds has become faster and faster. Judging from various data, Base is moving forward steadily.

This article is sourced from the internet: Moving forward steadily, looking at the development of Base from the 2024 roadmap

Related: How to forcibly withdraw funds from the discontinued Layer2?

Original | Odaily Planet Daily ( @OdailyChina ) Author: Azuma ( @azuma_eth ) dYdX has gradually completed its migration to the Cosmos ecosystem application chain dYdX Chain through version v4, and the dYdX v3 version also came to an end on October 28. The Layer 2 network used by this version has now been shut down and all transactions have been suspended. However, L2B EAT data shows that as of the shutdown of the Layer 2 network used by dYdX v3, there is still more than $70 million in funds that have not been withdrawn… Fortunately, for a Layer 2 network this does not mean permanent loss of funds – dYdX v3 uses StarkExs Layer 2 solution, which has a built-in protection measure called Escape Hatches, which allows users to…