IntoTheBlock: Base ecosystem token trading volume down 78% from December last year

According to an IntoTheBlock report, while Base quickly became one of the preferred platforms for retail traders in the Ethereum Layer-2 ecosystem in 2024, the recent market correction has put pressure on its ecosystem.
The data shows that only a few holders of tokens in the Base ecosystem are currently profitable, which has reduced the enthusiasm of retail investors to participate. In terms of transaction volume, the on-chain transaction volume of the eight Base ecosystem tokens tracked by IntoTheBlock has dropped by 78% compared to December 2024.