Coinbase's Layer 2 network, Base, has experienced a notable increase in total value locked (TVL), reaching $4.644 billion, according to DefiLlama data. The network's decentralized exchange (DEX) trading volume remains robust, with $862 million traded in the past 24 hours and $5.123 billion over the past week. This growth is attributed to the rising demand for AI-related narratives and stablecoins. Several tokens within the Base ecosystem have also seen significant gains. VIRTUAL's market cap has surpassed $500 million, marking a 9.8% increase in 24 hours. CLANKER's market cap rose to over $28.7 million, up 21% in the same period. DEGEN and BNKR also saw increases, with market caps reaching $26.5 million and $35 million, respectively. TOSHI's market cap climbed to $78 million, reflecting a 5.6% rise in 24 hours.
Base Chain TVL Surges to $4.644 Billion Amid AI and Stablecoin Demand
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