According to Wu, Base recently celebrated its second anniversary. According to on base data, in the past year, Base had 1.2565 million active users, an increase of 1,280.6% compared to the previous year; the total number of transactions reached 9.869 million, an increase of 2,049.6%; the TVL approached $4.5 billion, while network transaction fees decreased by 97.7% compared to the previous year.