The transaction volume on the Base chain has decreased by 38% compared to its peak in January, still leading Ethereum L2

According to The Block, trading activity on Coinbase's Ethereum Layer 2 (L2) network Base has fallen from its peak in January, with a 7-day moving average transaction volume dropping from nearly 12 million on January 6 to about 7.5 million, a decrease of about 38%. Nevertheless, Base maintains its leading edge in L2 solutions such as Arbitrarum and Optimism.