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Transactions Here’s why transaction count matters: More transactions = more fee revenue generated, more L1 tokens burned in the process (shrinking the supply), and can help to reflect growing demand for the underlying token (which helps to drive price).
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Daily active addresses Both projects are accelerating YTD (which is great to see), but Solana secures the victory once again 💪 Growth in active addresses signals a growing network, far better than transactions do.
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TVL Solana is locking in more value than a bank vault rn. But don’t fade Base – it’s making respectable progress, considering Solana’s three year lead. The Total Value Locked in a crypto protocol acts as a measuring stick for user trust and engagement, while reflecting the overall economic ‘weight’ of a chain.
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Stablecoin supply The race is heating up! Base had the lead for a second, but Solana quickly snatched it back. But it had to do with the launch of PayPal’s Solana-based stablecoin.
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Profit Solana first L! Base wins this one hands down 💪 While Solana is generating more revenue, the fees Base needs to pay as an L2 are significantly lower than Solana as an L1, making it the clear winner in terms of profit.
Solana wins the race, four laps out of five. 🏆 But both projects remain bullish!
Last chart (5) is in the source below due to the 4 pictures limit. Source: https://themilkroad.beehiiv.com/p/base-vs-solana-friday-night-fights Show Less