@oxkft

@base.base.eth ’s financials show a sharp decline in March 2025, with fees and revenue down 66% from February, continuing a downward trend since January’s peak ($13.45M). Expenses dropped 70%, but earnings still fell 65%. User activity shows daily (+23%) and weekly (+10%) users rising, while monthly users dipped. Developer engagement declined, with zero code commits in March. Key insight: After strong growth in late 2024, Base is experiencing a downturn, but rising user activity may signal early recovery. Growing user engagement and cost reductions signal positive momentum for the Base ecosystem.

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