Key Notes
Base has outperformed Justin Sun's Tron Network with a total of $6.6 billion in deposits.
Consequently, Base is now the fifth-largest blockchain in the DeFi space.
Tron, however, has surpassed Base in stablecoin trading volume.
Coinbase Layer-2 solution, Base Network, has outperformed its counterparts, including Justin Sun’s Tron Network.
It locked in a total of $6.6 billion in deposits, per insights from DeFiLlama data. This comes a few weeks after the L2 briefly suffered a downturn.
Morpho on Base Brings Stellar Performance
Base has become the fifth-largest blockchain after surpassing $6.6 billion in deposits. This achievement has propelled the L2 way above Tron TRX $0.35 24h volatility: 0.2% Market cap: $32.92 B Vol. 24h: $1.24 B .
A spoke