Thomas Daniels

Published On: 27/08/2025
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Coinbase's Base Mainnet Launches for Builders, Public User Onboarding in August
By Published On: 27/08/2025

Coinbase’s layer‑2 network Base has surged into the third position for 30‑day NFT trading volume, according to analytics from DappRadar. The network achieved a 70 % increase, reaching $47.67 million in NFT volume—surpassing competitors such as Immutable’s zkEVM and Solana, which now rank fourth and fifth, respectively.

Driving this momentum were standout collections including Get Based, DX Terminal, and Based Style, which together accounted for approximately $25 million in NFT trades—nearly half of Base’s total volume.

Beyond NFT activity, Base is also emerging as one of the most active networks overall. Within the past 30 days, the network processed over 27 million transactions and generated more than $16 billion in decentralized application (DApp) volume, measured as the aggregate token transfers across its ecosystem.

Despite this impressive rise, Ethereum continues to dominate the NFT market. Over the same timeframe, Ethereum recorded $408 million in NFT volume. Blue‑chip collections like CryptoPunks, Pudgy Penguins, Moonbirds, Bored Ape Yacht Club (BAYC), and Lil Pudgys drove over $200 million of that total.

The NFT ecosystem on Ethereum also saw some headwinds. Blue‑chip NFTs—notably Pudgy Penguins, BAYC, and Doodles—experienced double‑digit floor‑price declines, according to DeFiLlama data. CryptoPunks, meanwhile, remained resilient with a floor‑price dip of less than 2 %.

Elsewhere, Polygon retained its status as the second‑highest NFT volume producer, with $62.29 million in 30‑day trading—marking a 15 % uplift month‑over‑month. Most of this activity stemmed from Courtyard NFTs, a category representing tokenized real‑world assets (like trading cards), which alone generated $57.65 million and rose 21 % over the past month.