Crypto exchange of Nasdaq Crypto Crypto Coinbase The layer of layer 2, base, went from the leader in 2024 in terms of capital entries through transversal bridges to the upper loser this year.
The data from the Artemis Terminal show that the base experienced a net output of $ 4.3 billion this year, a contrast striking with the net influx of $ 3.8 billion in 2024, which was the highest among the 20 blockchains.
Meanwhile, Ethereum, the largest smart contract blockchain in the world, recorded a net influx of $ 8.5 billion this year, against a net output of $ 7.4 billion the previous year.
The data show that the momentum behind the base chain has decelerated, Ethereum recovering its first place.
Cryptographic bridges are protocols that facilitate communication and interaction between different blockchaines, improving interoperability. Pontage therefore refers to the act of moving tokens between different networks.
The cumulative offer of stablescoins on the basis has also flattened over $ 4 billion since mid-May alongside larger trading volumes, as shown in the graphic below.
ETH basic bleeding
According to the L2Beat data source, the total number of ether
Placed on the basis went from 1.82 million ETH to just over 835,000 ETH in four weeks.
The trend is consistent with other layer 2 solutions, which have experienced notable ethn outings in recent weeks, according to Michael Nadeau of the DEFI report on X.
According to the specialist in the Coinbase protocol, Viktor Bunin, the outings are probably due to the withdrawal of Binance’s capital to layer 1.
“The vast majority is only the withdrawal of the Binance to L1. They kept an impious amount on the L2. Shortly if they obtained incentives to keep it there or are simply not balanced in their sustained chains,” said Bunin on X.
