![Coinbase’s (COIN) Base Hits Record High for Daily Transactions, Eclipsing Coinbase’s (COIN) Base Hits Record High for Daily Transactions, Eclipsing Rivals Arbitrum (ARB), Optimism (OP)](https://btcusa.com/wp-content/uploads/2023/09/Coinbases-COIN-Base-Hits-Record-High-for-Daily-Transactions-Eclipsing-678x381.png)
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“Interestingly, it is not decentralized finance (DeFi) applications nor non-fungible token (NFT) marketplaces driving the surge in Base’s activity. Instead, a significant portion of usage can be attributed to a new social application, FriendTech,” said Lucas Outumuro, head of research at IntoTheBlock.
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