Arkham Intelligence Enhances Monitoring with Coinbase’s Layer 2 Chain Integration

Arkham Intelligence has recently announced the addition of support for Base, the Layer 2 chain developed by Coinbase, to their platform. This collaboration allows users to monitor their Base activity directly on the Arkham platform, providing enhanced onchain activity monitoring.

Base Chain Overview

Base is a Layer 2 solution built on the Ethereum (ETH) platform, aiming to enhance scalability and reduce transaction costs. Since its public launch on August 9th, over 750,000 unique accounts have already bridged to Base from Ethereum, indicating strong early adoption.

New Features for Base Users

Users can now view their token portfolio, visualize transactions, and track influencers on Friend.tech directly through the Arkham platform. These features improve transparency and usability within the Base ecosystem.

Early Developments in the Base Ecosystem

Friend.tech, an on-chain social platform within the Base ecosystem, recently secured funding from Paradigm and has seen significant user engagement. The “Base, Day One” NFT, commemorating the mainnet launch, has been minted over 130,000 times on the Onchain Summer portal.

Implications for the Onchain Economy

The collaboration between Arkham and Base is set to enhance transparency and accessibility in the onchain economy. By offering detailed insights and monitoring tools, Arkham supports a more transparent onchain economy, aligning with Base’s mission.

Stay tuned for more updates on the latest developments in the cryptocurrency and blockchain space!