Base is one of two Ethereum layer 2s with a TVL above $10 billion, making considerable ground since launching in August last year.
Ethereum layer-2 network Base has just hit a record 106.26 transactions per second (TPS), furthering it from Taiko as the fastest Ethereum layer-2 solution, while its total value locked (TVL) recently surpassed $10 billion.
It marks a near 28% increase in TPS from Nov. 23. It was only in January when Base was averaging only 4 TPS, according to Base founder Jesse Pollak.
Change in TPS on Base over the last 30 days. Source: L2BEAT
