Base Secures Third Place in 30-Day NFT Trading Volume, According to DappRadar

Base's NFT Trading Surge: Coinbase's layer-2 network, Base, saw a 70% increase in NFT trading volume over the past month, reaching $47.67 million and securing the third position in the market.

Competitive Landscape: Base surpassed competitors like Immutable zkEVM and Solana in NFT trading volume, with collections such as Get Based and DX Terminal contributing significantly to this growth.

Overall Activity Growth: In addition to NFTs, Base processed over 27 million transactions and had more than $16 billion in decentralized application (DApp) volume in the last 30 days, indicating its rising activity levels.

Ethereum's Dominance: Despite Base's rise, Ethereum remains the leading network for NFTs, recording $408 million in trading volume, while blue-chip collections experienced declines in floor prices.