Jesse Pollak, the head of Base, just dropped some exciting news on X: the Ethereum Layer 2 network hit an all-time high (ATH) of 15.4 million transactions in a single day. For those new to the space, Base is a scalable blockchain built by Coinbase that makes it cheaper and faster to trade and interact with crypto, especially popular for meme tokens.
This milestone, shared in Pollak's tweet, underscores how Base is becoming a go-to hub for onchain activity. Meme tokens thrive on high engagement—think viral trades, community hype, and rapid token launches. With transaction fees often under a penny, Base has attracted a wave of meme projects like $BENJI, $MIGGLES, and others mentioned in the replies.
Why does this matter for meme insiders? More transactions mean more liquidity and buzz. Projects like Basenji ($BENJI) and Shield are already celebrating in the comments, hinting at potential price pumps and new ATHs for their tokens. It's a sign that the meme economy on Base is heating up, drawing in traders looking for the next big viral hit.
Looking ahead, this growth could fuel even more innovation in meme tokens, from community-driven launches to integrations with DeFi protocols like Aerodrome. If you're building or trading memes on Base, keep an eye on these metrics—they're a strong indicator of where the action is headed.
Stay tuned to Meme Insider for more updates on how blockchain trends like this are shaping the meme token landscape.