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Base Network Sets Record High in Contract Deployers, Reaches 21.7K

source-logo  coinedition.com 22 April 2024 07:43, UTC

The Base network has recently set a record high of contract deployers. Chinese crypto reporter Colin Wu shared an X post on his Wu Blockchain page, shedding light on Base’s 21,700 contract deployers marked on April 20, with a fee of $164.618K.

According to Token Terminal, the number of contract deployers on the Base network in a single day recently reached 21,700, setting a record high. Contract deployers refer to the number of EOAs for transactions that initiate smart contract creation. Previously, Base protocol head…

— Wu Blockchain (@WuBlockchain) April 22, 2024

In a recent X post, Token Terminal reflected on Base protocol head Jesse Pollak’s previous public statement hinting at Base’s vision of 1 million developers. While Token Terminal reiterated Pollak’s words that echoed “one million developers,” “one billion users,” and “onchain,” Pollak reposted the thread. Token Terminal further posited that just after 10 months of launch, the Base network boasts 22,000 developers launching apps daily.

BUILDERS, BUILDERS, BUILDERS@jessepollak's publicly stated goal for @base is to bring:

1. one million developers, and
2. one billion users
3. onchain

Where is Base today?

~10 months from launch, ~22K developers* launch apps on Base each day. pic.twitter.com/MlJaLIkvmL

— Token Terminal (@tokenterminal) April 21, 2024

The term ‘contract deployers’ is used to refer to “the number of EOAs for transactions that initiate smart contract creation.” Token Terminal’s contract deployers’ chart shows a substantial hike in the number over the past week, especially on April 20, which marked a historical high.

Source: Token Terminal

Previously, during the launch of the Ethereum Layer 2 network, Base, the protocol head Jesse Pollak publicly declared that Base’s ultimate aim is to attract 1 billion users into the economy. His words read,

Our goal with Base is to make onchain the next online and onboard one billion users into the cryptoeconomy. In pursuit of this goal, Base will serve as both a home for Coinbase’s onchain products and an open ecosystem where anyone can build.”

According to Token Terminal, the active daily users of the network also exhibit a positive pattern. The daily active users have surged by more than 45%, reaching 352.70K, while the monthly active users have reached 3.8 million with a 63.1% hike.

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