Summary of @base network on May:

They just dropped a bunch of upgrades and the chain's feeling smoother than ever.

1. Speed Boost: Transaction confirmations now clock in at around 200 milliseconds.
2. Lower Fees: Gas fees have been slashed to under $0.01.
3. Decentralization: Achieved "Stage 1" status with a new security council and permissionless fault proofs.
4. Infrastructure Upgrade: Introduced "Flashblocks" for near-instant preconfirmation blocks, enhancing user experience.
5. Network Growth: Daily transactions surged to over 2.1 million by mid-May.
6. TVL Milestone: Total Value Locked (TVL) reached $4 billion, matching late 2024 highs.
@jessepollak