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    Base User Analysis (July 2024)

    Dashboard Summary
    The steady adoption of crypto and Web3 has generally boosted the user growth of all protocols. In July 2024, Base experienced a phenomenal surge, onboarding more than 9 million new users—a 87% increase from the previous month. This brought the total user count to approximately 11.2 million, with 6.6 million active users and a daily average of 612,000 users. Initiatives like Onchain Summer have played a significant role in this growth, enabling anyone to engage with the blockchain in under 10 seconds. Community-driven onboarding efforts, such as tree-planting campaigns and local businesses accepting USDC, have also contributed to this success, creating a ripple effect of global adoption. Base's innovative approach, emphasizing practical demonstrations of blockchain's benefits, has paved the way for a decentralized future, making the platform accessible to everyone, everywhere.

    The steady adoption of crypto and Web3 has generally boosted the user growth of all protocols. In July 2024, Base experienced a phenomenal surge, onboarding more than 9 million new users—a 87% increase from the previous month. This brought the total user count to approximately 11.2 million, with 6.6 million active users and a daily average of 612,000 users. Initiatives like Onchain Summer have played a significant role in this growth, enabling anyone to engage with the blockchain in under 10 seconds. Community-driven onboarding efforts, such as tree-planting campaigns and local businesses accepting USDC, have also contributed to this success, creating a ripple effect of global adoption. Base's innovative approach, emphasizing practical demonstrations of blockchain's benefits, has paved the way for a decentralized future, making the platform accessible to everyone, everywhere.

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    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.