Kofi (0xkofi)

Smart account (AKA smart contract wallet) adoption is one of the top priorities of the @base.base.eth team. Last month, Base ranked second for ERC-4337 smart account usage. [Polygon was #1] 81k UserOps were made on Base in March. [UserOps = txns made by 4337 accounts] 60% of those UserOps were calls to the @safe 4337Module.

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The cost of making an ETH transfer on Base has fallen ~𝟳𝟴% since they began making gas target upgrades last week 26/03 - Median Cost of ETH Transfer was $0.081 27/03 - Gas Target upgrade #1 01/04 - Gas Target upgrade #2 02/04 - Median Cost of ETH Transfer was $0.018

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Made a new site to track which L2s have adopted blobs and how much it costs to make different types of transactions 📉 ✨ https://x.com/0xKofi/status/1768306245956518392?s=20

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Last week we saw a new all-time high in 4337 account activity. 850,000+ UserOps were executed. (A UserOperation is a type of transaction that a 4337 account makes) The main driver appears to be Patch Wallet Activity on Polygon 🟣✨

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The cost of making an ETH transfer on Base has fallen ~𝟳𝟴% since they began making gas target upgrades last week 26/03 - Median Cost of ETH Transfer was $0.081 27/03 - Gas Target upgrade #1 01/04 - Gas Target upgrade #2 02/04 - Median Cost of ETH Transfer was $0.018

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May was a huge month for L2s✨ It was the all-time highest month for rollup revenue: ~11.2k ETH ($21M using todays price) And the all-time highest month for L2 -> L1 data publishing cost: ~9.6k ETH ($18M at todays price) My dune dashboard has more Rollup Econ data 👇 https://dune.com/niftytable/rollup-economics

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