BASE HITS 4M ACTIVE ADDRESSES AMID ONCHAIN SUMMER CAMPAIGN

Last updated: June 19, 2025, 19:20 | Written by: Samson Mow

The world of blockchain technology is constantly evolving, with new layer-2 solutions constantly emerging, aiming to revolutionize the way we interact with decentralized applications.Recently, Base, Coinbase's innovative layer-2 network, has achieved a significant milestone, hitting a record of 4 million active addresses in a single week.This surge in activity is largely attributed to its ongoing Onchain Summer campaign, a strategic initiative designed to boost network adoption and foster developer engagement.This campaign has not only attracted a substantial number of new users but has also incentivized developers to build and deploy exciting new applications on the Base network. Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Weiter zum voJesse Pollak, the head of Base, even shared data from Dune Analytics, highlighting this all-time high in weekly active addresses, underscoring the campaign's remarkable success and potential.The accomplishment signifies growing interest in scalability solutions for Ethereum and provides a strong foundation for Base's future growth within the competitive landscape of layer-2 networks.

What is Base and Why is it Gaining Traction?

Base is a layer-2 scaling solution built on top of the Ethereum blockchain. Weekly active addresses chart for Base. Source: Dune Analytics. The new development comes as Base continues its Onchain Summer campaign that incentivizes building on the base network. Base rewards builders through a summer campaign. In 2025, Base launched an Onchain Summer event to spur adoption for the layer-2 network.It's designed to offer faster and cheaper transactions compared to Ethereum's mainnet. Home Blockchain Base hits 4M active addresses amid Onchain Summer campaign. Base hits 4M active addresses amid Onchain Summer campaign. admin. August 20This means users can interact with decentralized applications (dApps) on Base without experiencing the high gas fees and slow transaction times that can sometimes plague Ethereum. Coinbase s layer-2 solution, Base, recently surpassed 4 million active addresses, driven by its successful Onchain Summer campaign. This event, first launched in 2025, aims to boost adoption by incentivizing developers and engaging users.This enhanced user experience is a major driver of Base's growing popularity and the reason it's attracting such a large number of active addresses.

Key Features of Base

Low Gas Fees: Base significantly reduces transaction costs, making it more accessible for everyday users.
Fast Transactions: Transactions on Base are processed much faster than on Ethereum, leading to a smoother user experience.
Ethereum Compatibility: Base is compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to migrate their existing dApps.
Coinbase Integration: Being backed by Coinbase, Base benefits from its vast ecosystem and user base, providing seamless on-ramping for new users.

The Power of the Onchain Summer Campaign

The Onchain Summer campaign is a pivotal element in Base's success, acting as a catalyst for increased user activity and developer interest. Base, Coinbase's layer-2 solution, hit a record 4 million active addresses last week amid its Onchain Summer campaign. The initiative, offering $2 million in ETH rewards, aims to boost network adoption and development.Launched in 2025, this campaign aims to incentivize both users and developers to actively participate in the Base network. 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.It’s more than just a marketing event; it’s a strategic push to cultivate a vibrant and engaged community around the layer-2 solution.

How Onchain Summer Works

The Onchain Summer campaign utilizes various incentives to drive adoption and development, creating a positive feedback loop for the Base ecosystem.

ETH Rewards for Developers: Base has allocated a substantial amount of ETH (600 ETH, worth $2 million) to reward developers who build innovative applications on the network during the campaign period (June to August).
User Engagement Initiatives: The campaign includes various activities and events to engage users, such as NFT drops, decentralized social events, and collaborations with popular dApps.
Promotion and Awareness: The Onchain Summer campaign is heavily promoted through various channels, increasing awareness of Base and its capabilities.

Reaching 4 Million Active Addresses: A Milestone

Hitting 4 million active addresses in a week is a significant accomplishment for Base, demonstrating the effectiveness of its strategy and the growing demand for layer-2 solutions.This milestone not only showcases the network's potential but also validates its position as a leading contender in the competitive landscape of Ethereum scaling solutions. The world of blockchain technology is constantly evolving, with new projects popping up daily, each aiming to revolutionize a certain aspect of our digitalThe figure of 4 million active addresses refers to unique wallets that have interacted with the Base network within a given week.

Analyzing the Data

Data from Dune Analytics, shared by Jesse Pollak, provides valuable insights into the growth of the Base network. Crypto trade Coinbase s layer-2 resolution Base had about 4 million energetic addresses final week because it continues to push its Base hits 4M active addresses amid Onchain Summer campaign - Rorty RealmAnalyzing this data allows us to understand user behavior, identify popular dApps, and track the overall progress of the Onchain Summer campaign.

Weekly Active Addresses: This metric provides a broad overview of network activity, indicating the total number of unique users interacting with Base in a given week.
Daily Active Addresses: This metric offers a more granular view of network activity, showing the number of unique users interacting with Base each day.
Transaction Volume: Tracking transaction volume provides insights into the overall economic activity on the Base network.
Gas Usage: Monitoring gas usage helps understand the demand for block space and the efficiency of the network.

The Surge in Basenames and Daily Active Addresses

In addition to reaching 4 million weekly active addresses, Base has also seen a surge in the registration of new basenames, contributing to a record of over 1 million daily active addresses. 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, Base hits 4M active addresses amid Onchain Summer campaignBasenames are essentially usernames or domain names registered on the Base blockchain, allowing users to create a unique identity within the ecosystem.This growth indicates a growing interest in building and participating in the Base community.

What are Basenames and Why are They Important?

Basenames are unique identifiers on the Base blockchain, similar to domain names on the internet.They allow users to:

Establish a Digital Identity: Basenames provide a way for users to create a recognizable and memorable identity within the Base ecosystem.
Simplify Transactions: Instead of using long and complex wallet addresses, users can use their basenames to send and receive funds.
Build a Community: Basenames can be used to create and participate in communities within the Base network.

Coinbase's Role in Base's Success

Coinbase's backing plays a crucial role in the success of Base.As one of the largest and most reputable cryptocurrency exchanges in the world, Coinbase provides Base with significant advantages, including:

Existing User Base: Base benefits from Coinbase's millions of users, providing a ready-made audience for its services.
Infrastructure and Resources: Coinbase provides Base with the infrastructure and resources necessary to scale and grow its network.
Trust and Credibility: Coinbase's reputation lends credibility to Base, making it more attractive to both users and developers.

Coinbase Integration: A Seamless User Experience

The integration of Base with Coinbase provides a seamless user experience, making it easy for users to onboard to the network and interact with dApps.This integration includes:

Easy On-ramping: Users can easily transfer funds from their Coinbase accounts to Base, allowing them to quickly start using dApps.
Wallet Integration: Coinbase Wallet provides seamless integration with Base, allowing users to securely manage their funds and interact with dApps.
Simplified Transactions: Coinbase simplifies the process of sending and receiving funds on Base, making it more user-friendly.

Benefits of Using Base

There are numerous benefits to using Base, both for users and developers.Understanding these benefits can help individuals and organizations make informed decisions about whether to adopt the Base network.

For Users

Lower Transaction Fees: Reduced gas fees make interacting with dApps more affordable.
Faster Transaction Times: Quicker confirmations improve the overall user experience.
Access to New dApps: Base provides access to a growing ecosystem of innovative decentralized applications.
Seamless Coinbase Integration: Simplifies onboarding and fund management.

For Developers

Ethereum Compatibility: Easy migration of existing dApps.
Scalability: Ability to handle a large number of users and transactions.
Coinbase Ecosystem: Access to Coinbase's vast user base and resources.
Incentives and Support: Opportunities to earn rewards and receive support from the Base team.

Potential Challenges and Risks

While Base offers many advantages, it's important to acknowledge the potential challenges and risks associated with using the network.Being aware of these risks can help users and developers mitigate potential issues.

Security Risks

Like any blockchain network, Base is susceptible to security risks, including:

Smart Contract Vulnerabilities: Bugs in smart contracts can lead to exploits and loss of funds.
Network Attacks: The network could be targeted by malicious actors attempting to disrupt operations or steal funds.
Centralization Risks: Although designed to be decentralized, the reliance on Coinbase infrastructure introduces a degree of centralization.

Regulatory Uncertainty

The regulatory landscape surrounding cryptocurrencies and blockchain technology is still evolving.Changes in regulations could impact the use and legality of Base and its associated services.

Competition from Other Layer-2 Solutions

The layer-2 landscape is highly competitive, with numerous projects vying for users and developers. The layer-2 blockchain also notched a record 4 million weekly active addresses amid the network s Onchain Summer campaign on Aug. 20. Base launched the Onchain Summer event in 2025 to spur adoption for the layer-2 network. X Hall of Flame Coinbase will not mention crypto in five years: Avichal GargBase faces competition from other established layer-2 solutions, such as Arbitrum, Optimism, and zkSync.

The Future of Base and the Ethereum Ecosystem

Base's success is indicative of the growing demand for scalable and affordable solutions for the Ethereum ecosystem. Ezra ReguerraBase hits 4M active addresses amid Onchain Summer campaignBase said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 1582 Total views15 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribeAs more users and developers embrace layer-2 networks, the future of Ethereum looks increasingly bright.Base, with its strategic approach and strong backing from Coinbase, is well-positioned to play a significant role in shaping that future. Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Последние записи: Ledn s groundbreaking $50 million Bitcoin-backed.The network’s focus on developer incentives, coupled with user-friendly integrations, sets a solid foundation for sustained growth and innovation.

Looking Ahead

Several factors will influence the future of Base and the broader Ethereum ecosystem:

Technological Advancements: Continued innovation in layer-2 technology will improve scalability, security, and usability.
Adoption of dApps: The growth of the dApp ecosystem will drive increased demand for layer-2 solutions.
Regulatory Clarity: Clear and consistent regulations will provide greater certainty and encourage wider adoption.
Competition and Collaboration: The interplay between different layer-2 solutions will foster innovation and create a more robust ecosystem.

Conclusion: Base's Impact and Future Prospects

Base's achievement of reaching 4 million active addresses amid its Onchain Summer campaign represents a significant milestone for the project and the broader Ethereum ecosystem.This surge in activity highlights the growing demand for scalable and affordable layer-2 solutions, and Base, with its strong backing from Coinbase and its strategic focus on developer incentives, is well-positioned to capitalize on this trend.While challenges remain, including security risks and regulatory uncertainty, the potential benefits of using Base, such as lower transaction fees and faster transaction times, are compelling for both users and developers. 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, the head of Base, shared data from Dune Analytics, saying that the layer-2 network reached an all-time high in weekly active addresses.As the Ethereum ecosystem continues to evolve, Base is poised to play a crucial role in shaping its future. ETHUSD Ethereum 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.The key takeaways are the power of strategic campaigns like Onchain Summer, the importance of user-friendly integrations, and the growing need for scalable solutions within the blockchain space. Ethereum hits $3.2K, surpassing Bank of America market Teriyaki short rib masubi recipe uses high-quality beef ADA price pumps 30% amid rumors of CardanoConsider exploring the Base network and its dApps to experience the benefits of layer-2 scaling firsthand.