According to @jessepollak, the Base Network has increased its gas target to 26 Mgas/s. This strategic move aims to enhance the network's speed, reduce transaction costs, and significantly boost throughput, thereby allowing builders to focus on developing decentralized applications without bottlenecks. This development is crucial for traders and developers looking for efficient and cost-effective blockchain solutions. Source: @jessepollak

According to @_proxystudio, Clanker is actively releasing tools that aid developers in funding and monetizing their projects on the Base network. This initiative is crucial for builders, as it provides concrete resources to support their innovations. Meanwhile, the commentary suggests Ethereum needs to ramp up efforts to remain competitive in facilitating developer growth.

According to Jesse Pollak (@jessepollak), there is a noticeable increase in collaborative projects on the Base network, which may indicate a strengthening community and potential growth opportunities for traders. This consistent engagement could lead to sustained network activity, irrespective of market price fluctuations. Traders should monitor this development for potential investment opportunities. Source: @jessepollak.

According to GOAT Gaming, traders can select their preferred network—Base (wETH), Solana (Sol), or TON via app—for purchasing digital assets. The process involves choosing the desired quantity, up to 100 per wallet, connecting the wallet, and using a referral code for transactions. This method provides flexibility and potential cost efficiency depending on the network chosen, which could impact trading strategies by influencing transaction fees and speeds.

According to Ai 姨, the AI concept token $VVV on the Base Network was launched on Coinbase and airdropped to active Base ecosystem users. Major holder fuckyoubears.eth received 65,400 tokens valued at $1.18 million and has staked all of them, indicating potential staking interest and liquidity movement in the market.

According to Ai 姨, a suspected entity associated with the VIRTUAL project or its early participants transferred 2 million VIRTUAL tokens, valued at $6.96 million, to Bybit two hours ago. Over the past week, a total of 8.75 million tokens, worth approximately $27.08 million, have been moved to the exchange at a price of $3.09 per token. Currently, three related addresses still hold $181 million worth of tokens, representing 10.9% of the total supply on the Base network.

According to Ai 姨, a suspected VIRTUAL project team member or early participant transferred an additional 2 million VIRTUAL tokens to Bybit, valued at $6.96 million, two hours ago. Over the past week, a total of 8.75 million tokens, approximately $27.08 million, have been moved to exchanges at a deposit price of $3.09 each. Currently, three related addresses still hold $181 million worth of tokens, representing 10.9% of the total supply on the Base network.

According to Ai 姨, the popularity of AI Memes continues to rise. A savvy investor with the address 0xBD4...c87E1 has made a total profit of $6.42 million from $GAME, achieving an impressive return rate of 66,776% with an initial cost of only $9,600. Between October 16 and 19, this investor acquired 47.9 million tokens at a low cost of $0.0001943 each. They sold 50% of their holdings during an upward trend, realizing $624,000 in profits, while the remaining 24 million GAME tokens still show an unrealized profit of $5.6 million. $GAME, a memecoin within the Base Network Virtuals ecosystem, has surged 33% in the past 24 hours, reaching a new all-time high market cap.

According to Ai 姨, there has been a significant movement of the $VIRTUAL memecoin on the Base Network. Over the past 17 hours, an entity suspected to be the project team or early participants of $VIRTUAL transferred 7 million tokens, worth $17.09 million, to Bybit. Over the past two months, a total of 11.97 million tokens, valued at $25.74 million, have been deposited into exchanges. This activity follows a substantial airdrop of 54.85 million VIRTUAL tokens on the Ethereum mainnet on December 23, 2023.

According to IntoTheBlock, it's crucial to analyze various metrics to form comprehensive conclusions in the cryptocurrency market. While small transactions might appear insignificant, they can still hold substantial value. For example, claiming a Basename on the Base network involves minimal transaction volume but is currently a significant driver.

According to @ai_9684xtpa, a whale has significantly impacted the Base Network meme token $MIGGLES by pushing its price over $0.1. Between 08:52 and 09:55 this morning, the whale with the address 0x3b5...fe4E9 spent $1.13 million to buy 11.83 million MIGGLES at an average price of $0.0959. This buying spree caused the token's price to surge 36% from $0.0801 to $0.1094 in a short period, resulting in a floating profit of $142,000 for the whale.