<ul><li>Base, a layer-2 scaling solution for Ethereum, has experienced a 78% decline in on-chain volume since December amid the market downturn.</li><li>Only a few Base tokens remain profitable for most holders, impacting retail interest.</li><li>The question remains if this is a temporary setback or a turning point for the protocol’s growth.</li><li>Base leverages Optimistic Rollups and offers lower transaction fees and faster processing times compared to Ethereum’s mainnet, attracting attention in the blockchain space.</li></ul>

BASE Bulls in Pain: 78% Volume Wipeout Rocks Coinbase’s L2

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