Ethereum Faces Threat as Base Surpasses Uniswap Volumes, Ethereum Ecosystem Declines
San Francisco, CA – Ethereum, a dominating presence in the crypto world, is facing challenges as newer networks encroach on its territory. Base, a protocol, has surpassed Ethereum in DEX volumes, showcasing the shifting landscape within the crypto space. According to Token Terminal, daily active users of Uniswap on the Base network surpassed those on Ethereum, highlighting a trend of declining activity on the Ethereum network. This shift is evident in the NFT sector, where …