Base Network's Landmark Achievement

Base Soars: Over $10 Billion TVL Milestone

Author

Jungle Degen
November 29, 2024

Greetings Crypto Explorers! 🌴🦜

This week, we're roaring about Base Network's incredible leap, reaching over $10 billion in total value locked and setting records with its transaction speed. Aerodome Finance is making waves with meme coin trading, and Base continues to buzz with activity as it climbs the ranks in stablecoin volume. Stay tuned as we also dive into MicroStrategy's massive Bitcoin buy, Ethereum futures hitting new highs, and more thrilling updates from the crypto wilderness.

As always… Stay Wild! 🌿🦁🚀

🦍 The Big Jungle Roar

This week's monumental event that shook the crypto-jungle. Roar with us!

Base Layer 2 Network Surpasses $10 Billion TVL, Hits 106.26 TPS

cryptopotato.com/base-layer-2-network-surpasses-10-billion-tvl-hits-106-26-tps

Base network has climbed high, with its total value locked (TVL) leaping over $10 billion for the first time! Aerodome Finance is leading the way, showcasing meme coin trading power. Since the September dip below $6 billion, Base has bounced back with a 67% surge.

Base now stands as the second Ethereum Layer 2 network after Arbitrum to hit this milestone, and it’s not stopping there! On November 24, Base set a new record with 106.26 transactions per second (TPS). With on-chain transactions crossing 9 million and weekly active addresses nearing 6.6 million, Base is buzzing with activity! 🐝

Even in the stablecoin jungle, Base made waves, briefly leading in volume on October 26. Though it slipped a bit, it’s still going strong as the third-largest blockchain for stablecoin volume as of November 23. 🌊📉

📈 News about Base:

🦁 King of the Crypto Jungle

Unleashing the top beasts of this week's crypto news. Beware, it's a wild ride!

🐒 Meme Monkeys

Hopping onto the funniest and savviest crypto memes that swung through the jungle this week

🦜 Jungle Mystery of the Week

Can you solve our crypto-themed riddle? The answer lies hidden deep within the jungle. Share your guesses on Twitter and tag us! (we may gift someone some crypto 👀)

In the heart of the digital jungle, a silent predator roamed, its presence felt only by the traces it left behind. This mysterious entity had an unquenchable thirst for a precious resource, known by many as the lifeblood of decentralized finance. With stealth and cunning, it amassed vast reserves of this asset, weaving intricate smart contracts and fueling the growth of countless projects. As whispers spread through the jungle about the identity of this cunning creature, many wondered: what is this elusive force that powers innovation and decentralization, silently shaping the landscape of the crypto world?

🦩 Tweets from the Jungle

Check out these wild crypto tweets that have made it to the jungle!

🐊 Crypto Swamp Watch

  • Bitcoin (BTC) - $97,019.02 (2.18%)

  • Ethereum (ETH) - $3,592.84 (8.79%)

  • Top Gainer: The Sandbox (+77.15%)

  • Top Loser: Popcat (-9.36%)

    Snapshot taken on the 29th of November, around 12:15pm, Jungle time.

🍍 Jungle Poll Parrot

Join our parrot's poll! This week's squawk…

In the ever-changing crypto jungle, what's your favorite aspect of Base network's recent surge?

Login or Subscribe to participate in polls.

🐯 Jungle Snapshots

Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!

is this a green bar?

👋 That's all for this issue of Jungle Tales! As we part ways, let's remember the wise words of a crypto degen:

As the jungle's verdant canopy sways to the rhythm of time, the dawn of a new year offers a moment for reflection and renewal. In the ever-changing crypto wilderness, seasoned adventurers know that adaptability is key to survival. Just as the jungle thrives through cycles of growth and dormancy, so too must we embrace the ebb and flow of market tides. With each sunrise, opportunities emerge for those with eyes keen enough to spot them amidst the foliage. As you forge your path into the new year, let patience be your guide and resilience your shield. Remember, in this vast ecosystem, true strength lies not in resisting change, but in harnessing its power to grow and thrive. What new strategies will you cultivate to navigate the evolving landscape of 2025?

Don't forget to share our newsletter with your fellow crypto adventurers, and follow us on TwitterX.

Until next time, keep exploring the wild world of crypto!

Pura Vida,

Jungle Degen

JUNGLE WARNING: Hear me, ye dauntless navigators of the crypto wilderness. This parchment holds no keys to monetary splendor. Consider it more of a cryptic map of the jungle, teeming with teachings, not a treasure chest marked with an 'X'. It neither mutters veiled secrets of investment, nor beckons you to swap your prized assets or enact any fiscal transactions. In this unpredictable crypto habitat, caution is your most trusted ally, and your own robust investigation, the steadfast compass. Equip yourselves with the shield of wisdom, as you traverse the intricate network of paths. Remember, swift success is often a false trail; it is through enduring patience, adroit maneuvering and careful strategy can you navigate this mysterious landscape. The jungle is vast and filled with enigmatic conundrums; let your own diligent research be the torch that dispels shadows. Don't be lured by the glimmering illusion of quick profits, but bend your will to the pursuit of genuine understanding. Keep your wits about you and eyes wide open on this crypto-quest. To cut a long story short, this is NOT financial advice. Safe travels, crypto explorers!