Base sees record 106 TPS as total value locked crosses $10B
Base is one of two Ethereum layer 2s with a TVL above $10 billion, having gained considerable ground since launching in August last year.
Ethereum layer-2 network Base hit a record 106.26 transactions per second (TPS), distancing it from Taiko as the fastest Ethereum layer-2 solution, while its total value locked (TVL) recently surpassed $10 billion.
It marked an almost 28% increase in TPS from Nov. 23. In January, Base was averaging only 4 TPS, according to Base founder Jesse Pollak.
Change in TPS on Base over the last 30 days. Source: L2BEAT
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Author: Brayden Lindrea
