Ethereum Base Network Achieves EVM Rollup

Base Network Achieves Stage 1 EVM Roll-up Status

• Base Network, backed by Coinbase, has become a Stage 1 Ethereum Virtual Machine (EVM) roll-up.
• The network successfully onboarded its Security Council, meeting decentralization requirements.
• It joins Arbitrum One, OP Mainnet, and Unichain as a Stage 1 Ethereum Layer 2 solution.
• Base Network’s Total Value Secured is $11.77 billion, surpassing Arbitrum One’s $11.1 billion.
• Its Time-to-Finality is the fastest in the Ethereum L2 sector at 55 seconds.

The Base Network has advanced to a Stage 1 EVM roll-up, highlighting its decentralization and security enhancements. It leads the Ethereum L2 space with a secured value of $11.77 billion and rapid transaction finality times.