Base Active Addresses Surge 49.9% Amid GMGN Contest and Falling User Fees
Key Highlights: Active addresses on Base jumped 167.6% above the prior week’s median on October 22, reaching a 30-day peak despite transaction counts and network fees simultaneously declining. The sudden influx coincided with GMGN launching a $20,000 trading competition that strictly required participants to use newly created wallets with no prior transaction history. Analytics providers ...