Base Claims Number 3 Spot in 30-Day NFT Volume as Activity Surges

Base, Coinbase’s Ethereum Layer-2 network, has climbed into the third-highest position for 30-day NFT trading volume, powered by a surge in user activity. The network recorded close to $47 million in NFT trades over the past month, surpassing competitors like Solana and Immutable zkEVM to secure its place among the top three markets.

The sharp rise can be credited to several fast-growing collections such as Get Based, DX Terminal, and Based Style. Together, these projects generated roughly $25 million in volume, making up more than half of Base’s NFT activity during the period. The popularity of these collections highlights the network’s growing appeal for creators and collectors seeking new opportunities.

Outside the NFT boom, Base has shown strong momentum across the wider Web3 ecosystem. In the past 30 days, the network processed over 27 million transactions and registered over $16 billion in decentralized application (DApp) activity. These figures position Base as one of the most active platforms in the blockchain space, signaling adoption that extends beyond digital collectibles.

Ethereum remains the top player in the NFT sector with well over $400 million in monthly volume. Major collections such as CryptoPunks, Bored Ape Yacht Club, Moonbirds, and Pudgy Penguins continue to anchor Ethereum’s dominance, generating hundreds of millions in trades.

However, cracks are beginning to show in the broader market. Many leading Ethereum-based NFTs have seen their floor prices slide in recent weeks, with double-digit declines in some cases. Only a handful of legacy collections like CryptoPunks have resisted significant downturns.

While Base grabbed the third spot, Polygon maintained its second-place position with approximately $62 million in NFT trading volume. A large portion of this growth has been driven by the rise of tokenized real-world assets (RWAs), particularly collectible trading cards that are now being digitized and traded on-chain.

The global NFT market continues to face volatility, with valuations under pressure despite bursts of trading activity on select chains. Base’s success underscores how newer networks with strong infrastructure, low transaction fees, and large user bases can capture market share quickly.

With over 1 million daily active addresses and close to 25 million monthly active users, Base has now outpaced several rival Layer-2 networks in terms of adoption. Its rapid ascent demonstrates that the NFT sector is no longer dominated by a handful of chains. Still, it is instead becoming a multi-chain ecosystem where new players can rise swiftly.

The key question now is whether Base can sustain this momentum. To do so, it will need to expand beyond headline NFT projects and strengthen its position across DeFi, gaming, and social applications. For the moment, however, Base’s leap into the top three marks a significant milestone in the evolution of the NFT and Web3 landscape.