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Base Network recorded nearly 2 million daily transactions, indicating the rapid growth in the crypto space. Elsewhere, Polygon ($MATIC) has recorded impressive gains after a new upgrade was introduced on its network. Yet, Borroe.Finance ($ROE) is still dominant with its massive gains despite being in the presale stage. Can Polygon continue rising to compete with Borroe.Finance in the long term?
Summary
Base Network Records Nearly 2 Million Daily Transactions
Coinbase’s second-layer blockchain, Base Network, has achieved an unexpected daily transaction count, surpassing its previous record set during its launch month, according to BaseScan’s analytics.
On September 14, 2023, Base logged an impressive 1.88 million transactions, surpassing its previous record of 1.41 million transactions, set on August 21 during its debut month. This growth positions it ahead of competitors, like Optimism ($OP) and Arbitrum ($ARB), which collectively registered 878,000 transactions on the same day.
Despite this remarkable surge, Base still lags behind more established chains. Some of these chains include Polygon, with 2.1 million transactions and BNB Smart Chain (BSC), with a substantial 3.1 million transactions on the same day.
Base Network launched on August 9, bringing forth a range of features that enable users to bridge and swap tokens, provide liquidity, generate non-fungible tokens (NFTs), and more. These features let Base Network to align with the capabilities of layer-2 networks.
On September 6, the Base network saw usage from over 268,000 unique wallets, creating over 700,000 NFTs. This high level of engagement reflects the trust and adoption it gains from users. In its first two weeks, the blockchain processed over $242 million in crypto assets, with an average of 130,000 unique wallets participating daily.
Polygon Introduces New Upgrade, $MATIC Rises
Polygon ($MATIC), the Ethereum scaling project, has formally presented its proposals for the forthcoming Polygon 2.0 upgrade. Unveiled in June, Polygon ($MATIC) 2.0 seeks to establish an extensive network of interconnected Layer 2 chains powered by zero-knowledge proofs.
The platform has recently published three Polygon Improvement Proposals (PIPs) outlining the transition plan, enhanced Polygon ($MATIC) 2.0 architecture specifications, and native token-related updates.
Polygon’s ($MATIC) community is encouraged to offer feedback on these proposals, with implementation depending on approval through a governance vote. The full deployment of Polygon ($MATIC) 2.0 is expected to take place in 2024.
With this upgrade, experts say Polygon ($MATIC) could become one of the top DeFi projects. Analysts expect $MATIC to rise to $0.6250 by the end of 2023, supported by its new upgrade and increased adoption rates. Hence, $MATIC is a good crypto to buy currently.
Borroe.Finance ($ROE): Ready To Surge Further
Borroe.Finance ($ROE) is an innovative AI-driven funding marketplace, enabling Web3 businesses and content creators to access immediate funds based on their future recurring income. Additionally, Web3 enterprises can leverage Borroe.Finance ($ROE) to efficiently generate liquidity.
Creators acquire cash flow by minting non-fungible tokens (NFTs) representing pending and future invoices, which sell at discounted prices on Borroe.Finance’s ($ROE) marketplace.
Borroe.Finance’s ($ROE) NFTs are valuable because of their substantial real-world utility, set to gain widespread popularity by granting users access to capital through the project’s marketplace. Hence, they stand out as the best NFTs to buy today.
The deflationary Borroe.Finance ($ROE) token is scheduled to launch on the Ethereum sidechain Polygon, offering numerous benefits. These benefits include invoice buying, selling, repayment rewards, social media share-to-earn incentives, and discounted fees.
Blockchain technology enhances security for both loan providers and consumers in Borroe.Finance’s ($ROE) ecosystem. Also, the platform delivers on-demand liquidity to support seamless daily operations in the Web3 sector.
Currently, Borroe.Finance ($ROE) trades at $0.0125, a 25% rise from its Beta Stage price of $0.0100. Stage 1 investors will earn a 20% profit when $ROE reaches $0.0150 during Stage 2 of the presale. These profit opportunities make Borroe.Finance ($ROE) the best crypto investment of 2023.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter
*This article was paid for Cryptonomist did not write the article or test the platform.
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