Base daily trading volume surged to a new high of $356 million on Tuesday

According to DefiLlama data, 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% from Monday. Analysts predict that Base will continue to grow as Coinbase strives to connect its users with the on-chain economy. Coinbase recently launched its smart wallet, which is expected to allow traders to directly use their balances on the cryptocurrency exchange on the chain.