Base hitting the bases (Patreon)

In the weeks leading up to its mainnet launch, Coinbase's Layer 2 (L2) network Base has seen an average of over 10,000 smart contracts deployed each week. This is five times more than the number of contracts deployed on its nearest competitor, Arbitrum.

The high number of contract deployments on Base is a sign of strong developer interest in the network. It suggests that developers are confident in Base's ability to provide a secure and scalable environment for building decentralized applications.

The mainnet launch of Base is scheduled for later this year. Once it is live, Base will offer a number of features that make it an attractive option for developers, including:

• Low gas fees: Base uses Optimism's rollup technology to significantly reduce gas fees, making it more affordable for developers to deploy and use smart contracts.
• High throughput: Base can process thousands of transactions per second, making it a more scalable option than Ethereum's mainnet.
• Developer-friendly tools: Base provides a number of tools and resources to help developers build and deploy applications on the network.

The strong interest in Base from developers is a positive sign for the future of the network. It suggests that Base has the potential to become a major player in the L2 space.