Coinbase's Ethereum Layer-2 network, Base, has recently surpassed Solana in daily token creations, marking a significant shift in the blockchain landscape. This development is largely attributed to the integration of Zora, a protocol that enables users to tokenize digital content.
Since the integration of Zora, Base has experienced a substantial increase in daily token creations. On July 27 and 28, Base recorded over 100,000 new tokens minted, a volume that outpaced Solana-based platforms such as Pump.fun and LetsBonk during the same period.
The surge in token creation on Base is also reflected in the performance of the ZORA token. Following the rebranding of Coinbase's Wallet into the Base App, ZORA's daily token creations increased from approximately 4,000 to over 15,000, with a peak of 38,000 mints on July 24. Additionally, trading volume for ZORA surpassed $6 million per day, up from $1 million prior to the launch. The price of ZORA has risen by 440% in the past week, from $0.011 to $0.0615, with the token's market capitalization increasing to over $200 million.
This shift underscores the growing influence of Base in the blockchain ecosystem, particularly in the realm of token creation and content monetization. The integration of Zora has provided a user-friendly platform for creators to tokenize their digital content, contributing to the rapid adoption and expansion of the Base network.
As the blockchain space continues to evolve, the competition between platforms like Base and Solana is expected to intensify, with each striving to offer more efficient and scalable solutions for developers and users. ## Informations boursières pour Zora (ZORA) - Zora est un(e) crypto sur le marché CRYPTO. - Le cours est de 0.079023 USD, actuellement avec une évolution de 0.00 USD (0.04 %) par rapport à la clôture précédente. - Plus haut intraday : 0.094106 USD ; plus bas intraday 0.075642 USD.