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Home > News > Bitcoin News > Coinbase’s (COIN) Base Hits Record High for Daily Transactions, Eclipsing Rivals Arbitrum (ARB), Optimism (OP)

Coinbase’s (COIN) Base Hits Record High for Daily Transactions, Eclipsing Rivals Arbitrum (ARB), Optimism (OP)

“Interestingly, it is not decentralized finance (DeFi) applications nor non-fungible token (NFT) marketplaces driving the surge in Base’s activity. Instead, a significant portion of usage can be attributed to a new social application, FriendTech,” said Lucas Outumuro, head of research at IntoTheBlock.

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