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With the comprehensive upgrade of the Base application, more and more users are flocking to this platform based on the Coinbase Wallet. The core advantage of the Base application lies in providing users with a smooth experience without having to pay Gas fees, a feature that is attracting a large number of users.
Latest data shows that 118,000 new Coinbase Wallets were created just last week, setting a new historical record for the second consecutive week. Currently, the total number of Coinbase Wallets has exceeded 840,000, demonstrating strong growth momentum.
It is worth noting that the Base application is currently still in the invitation testing phase. Industry experts predict that there may be hundreds of thousands or even millions of potential users waiting to join. In this view, breaking through the 1 million user mark is just around the corner. There is no doubt that the Base application is becoming a key hub for connecting users within the Base ecosystem.
However, with the rapid growth of the user base, a question worth exploring arises: what activities are these newly arrived users engaging in on the Base application? How will their behavior patterns and preferences shape the future of the Base ecosystem? The answers to these questions may reveal new trends in user demands in the Web3 space, as well as the direction of decentralized application development.
Overall, the rapid rise of the Base application not only reflects users' strong demand for a gas-free experience but also showcases Coinbase's deep involvement in the Web3 space. With the introduction of more innovative features and the expansion of its user base, the Base application is expected to become an important force in driving the mass adoption of Web3.