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Base Achieves Record Stablecoin Volume as Solana Hits All-Time High in Transaction Fees

  • Base, a Layer-2 network developed by Coinbase, achieved the highest daily stablecoin transaction volume, surpassing Ethereum, Solana, and Tron.
  • USDC led the stablecoin breakdown with US$37.3B, followed by USDT at US$18B, and DAI at US$4.5B.
  • Solana set a record in transaction fees, exceeding US$1M, supported by transaction fees and MEV tips.
  • Solana also led the DeFi space in daily trading volumes, with its DEX processing over US$2.6B in trades on October 24.

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