【Data Indicator Observation: Base TVL Rising, but User Trading Behavior Highly Centralized】
Data Deconstruction:
Base TVL has doubled since March, but 40% of contract calls are concentrated in the top 20 addresses, surpassing Arbitrum during the same period.
The average number of user interactions is lower than Optimism, indicating that 'hotspot-driven' is strong while 'structural retention' is weak.
What does this indicate?
Base is a narrative manufacturing ground, rather than a long-term ecological construction site. Meme + L3 + Friendtech does not represent a solid foundational level for the chain.
🧠Inference: Base's role as a 'trading high ground' will gradually shift towards Blast and Scroll, especially when the latter's narrative turns towards GameFi / AI Agent binding.
