According to Dune data, the TVL of the cross-chain bridge storage of Base, the Ethereum layer 2 expansion solution, has reached 310,000 ETH, and has now reached 317,849 ETH. The number of users participating in bridge transactions has exceeded 390,000, currently at 397,537.

Data indexing infrastructure SubQuery plans to launch a public token sale on January 30, 2024, and then release the SubQuery Network mainnet on the second layer network Base built by Coinbase. They also plan to launch full RPC support on the Base chain in March, aiming to promote SubQuery's decentralization in the future of blockchain technology. SubQuery stated that by building on Base, they will gain access to Coinbase product integration, fiat gateways, and tools, and their users will also be able to interact on SubQuery's decentralized infrastructure network.

According to official sources, Ethereum Layer 2 network Base has released a specific timetable for migrating from Goerli to Sepolia, including:

According to Dune Analytics data, the number of contracts created on the second-layer scaling network Base Chain launched by Coinbase has exceeded 50 million. At the time of writing this article, the number has reached 55,214,176. Historical data shows that this indicator exceeded 20 million at the end of September this year, and then exceeded 30 million at the beginning of October. This means that the total number of contracts created on the Base Chain has grown by more than 60% in the past three months.

Blockchain Base, driven by Coinbase, announced a partnership with blockchain music platform Sound.xyz on December 19, allowing artists to create music through the Base ecosystem.Sound announced on X that because the Base ecosystem is Ethereum's second layer, the gas fees for minting non-fungible tokens (NFTs) are cheaper and transactions are faster. The company said these factors will also allow artists to upload and withdraw without having to buy cryptocurrency or bridge funds.

Surf Protocol, a decentralized derivative exchange led by ABCDE Capital, announced that it has launched its mainnet on the Base network. Surf protocol is said to support trading and listing of over 10,000 assets. Surf has also partnered with Galxe to launch corresponding exclusive reward activities.

According to the latest data from CoinGecko, the current total locked value (TVL) of the Base blockchain is $405,960,818, with a 24-hour increase of 1.9%; the 24-hour trading volume is $79,794,825, with an increase of 17.5%.

According to the latest data from L2beat, Coinbase's second-layer scaling solution, Base Network, has a total locked value (TVL) of over $700 million for the first time. At the time of writing this article, it has reached $704 million, setting a new historical high with a 7-day increase of 8.17%, as reported by Jinse Finance.

Base has announced the open sourcing of the op-viem and op-wagmi code repositories, which are extensions of the popular development tools viem and wagmi. The open source is aimed at enabling developers to build on the OP Stack chain faster and more easily. With op-viem and op-wagmi, developers can add OP Stack bridging functionality to any application and significantly reduce code volume and coding time.

Base announced on social media that Canyon is the first network upgrade after Bedrock and will be activated on the entire Superchain on January 11th. Node operators need to upgrade their nodes before this date. For Base Sepolia and Goerli node operators, the Delta hard fork will be activated on December 21st and 22nd respectively. Base testnet nodes should be upgraded to v0.6.0 before December 20th. Mainnet nodes should continue to run v0.5.1.