As per a recent insight by Intotheblock, Base has emerged as the clear frontrunner amongst the Layer 2 protocols, attracting significant new capital. Over the past week, Base has recorded a massive inflow of over 6,500 ETH, dramatically outpacing its competitors. This influx is more than double that of Arbitrum and quintuple the deposits seen by Optimism. It showcases a consistent growth in Base’s net ETH deposits, highlighting its growing dominance and investor confidence. Is this increase in capital for Base a sector-wide recovery signal in the coming weeks?
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