BASE: Nansen highlights that on-chain activity and future catalysts are strong indicators for growth in Q2.

Nansen’s latest report highlights strong on-chain activity, robust metrics, and an expanding user base as indicators of potential growth for Base in Q2. This points to its rising role as a key platform in decentralized finance (DeFi) and emphasizes projects like Virtuals Protocol and Aerodrome Finance.
Factors likely to boost Base’s total value locked include new app chains, the dropping of the SEC lawsuit against Coinbase, and a favorable pro-crypto environment.

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