Base Leads Ethereum L2 Fees with $147K Daily Revenue on January 14
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 1d ago- Revenue Leadership: On January 14, Base generated approximately $147,000 in daily revenue according to CryptoRank.io, significantly outperforming Arbitrum's $39,000 and Starknet's $9,000, showcasing Base's strong position in the Ethereum L2 landscape.
- Market Share Expansion: Base's share of total Ethereum L2 revenue approached 70%, while all other L2s combined earned just over $15,000, indicating an increasingly dominant role for Base among Ethereum scaling solutions.
- Ecosystem Growth: The recent launch of Coinbase's 'Everything app,' which integrates social content, trading, and payments, has likely contributed to increased user engagement and on-chain activity for Base, although Coinbase has not directly linked the app to daily revenue figures.
- Industry Debate Surge: The comparison of Base's revenue with Polygon's $155,000 on the same day sparked discussions on social media, raising questions about Polygon's classification as an L2, reflecting the industry's complex views on various scaling solutions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
