According to Milk Road’s interview with Michael Nadeau, recent data shows that Base, a Layer 2 solution, is capturing significant transaction volume and user activity that would traditionally occur on Ethereum mainnet. Nadeau highlights that Base’s rapid growth is leading to higher on-chain activity and DeFi volume on its network, potentially diverting transaction fees and user engagement from Ethereum L1. For traders, this shift suggests a redistribution of value accrual, with Base-based tokens and projects possibly gaining momentum while Ethereum Layer 1 fee revenue faces pressure (source: Milk Road via x.com/i/broadcasts/1…). Monitoring transaction flows and liquidity migration to Base can provide actionable trading insights for both ETH and Base ecosystem assets.

According to jesse.base.eth, developers interested in building on the Base Layer 2 blockchain should consider attending the upcoming workshop highlighted in his tweet on April 26, 2025. The session is positioned as a practical starting point for those looking to launch crypto projects on Base, which is gaining traction as a scalable Ethereum Layer 2 solution. Traders and investors should note the growing developer ecosystem on Base, which may drive increased on-chain activity and potential token opportunities as the network expands (source: @jessepollak, Twitter).