![Base hits 4M active addresses amid ‘Onchain Summer’ campaign Base hits 4M active addresses amid ‘Onchain Summer’ campaign](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvSEklMjBEaWZmZXJlbnQlMjBncmFudHMlMjBmb3IlMjBibG9ja2NoYWluJTIwc3RhcnR1cHM=.jpg)
Base hits 4M active addresses amid ‘Onchain Summer’ campaign
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year.
Crypto exchange Coinbase’s layer-2 solution Base had about 4 million active addresses last week as it continues to push its “Onchain Summer” campaign forward.
Jesse Pollak, head of Base, shared data from Dune Analytics, saying that the layer-2 network reached an all-time high in weekly active addresses. Pollak highlighted that over 4 million active addresses were on the blockchain last week.
Weekly active addresses chart for Base. Source: Dune Analytics
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Author: Ezra Reguerra
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