Base’s TPS surpasses Ethereum, Optimism and Arbitrum lag

to take the mantle. And it’s not just that. The Ethereum Mainnet may have also stepped back for Base to take the crown of increased activity and traction.Not to beat around the bush, Base’s Transactions Per Second

that of Ethereum on 22 August, according to L2 Beat. As per the chart below, Ethereum’s TPS was 12.05 while Base was 15.88.The data revealed that Base’s TPS had increased by 73.56% in the last 24 hours. Ethereum, on the other hand, decreased by 1.47% within the same timeframe. However, there was one particular reason that Base was able to achieve the milestone and its name— friend.tech.

friend.tech is a mobile application built on Coinbase L2. While it prides itself as the “marketplace for your friends,” friend.tech provides an avenue for users to tokenize their identity. And, in turn, can sell shares of themselves to their followers or anyone interested in their community. Despite being launched only recently, friend.tech has experienced rapid growth and adoption. According to

, the application has amassed 97,316 unique traders. These traders have been involved in over one million transactions, valued at 39.195 ETH.

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