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Base Network Surpasses Ethereum Blockchain in New Users

Base Network Surpasses Ethereum Blockchain in New Users

HappyCoinNewsHappyCoinNews2024/12/21 21:33
By:HappyCoinNews

A report from analysts at Flipsight showed that in 2024, the second-layer Base network became the fastest growing in terms of new users, overtaking even blockchain Ethereum .

In October alone, Base added 13,7 million new users, averaging 1,56 million per month.

Base Network Surpasses Ethereum Blockchain in New Users image 0

Blockchain Polygon also showed significant growth in new users due to non-business activity DeFi . Interestingly, even the growth of the BTC rate above $100,000 did not help the Bitcoin blockchain catch up with its competitors.

According to Flipsight, the Base network has attracted about 15,1 million so-called superusers, people who have made more than 100 transactions, this year. That's more than any other blockchain.

New networks like Aleo also showed promising growth, but then struggled to maintain engagement and retain new users.

Behind the headlines about record user growth lies a serious challenge: creating ecosystems that deliver meaningful, long-term engagement, not just fleeting speculation.

 

Most blockchains are still in their infancy when it comes to turning casual users into valuable participants, according to a report from Flipsight.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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