[Breaking News] Solana as total value locked ?

Base, a layer 2 network on Coinbase, has surpassed Solana in terms of total value locked (TVL) with $397.32 million. DeFi Llama data shows that Base's TVL increased by 97.21% in the past month, while Solana's has decreased by 9.64%. Two Base-native projects, Aerodrome Finance and Friend.tech, account for the largest shares of TVL on the network, with the former having a TVL of $97.83 million and the latter of $36.53 million respectively. Base hit a new peak in daily transactions of 1.88 million on Sept. 14, surpassing rival chains like Optimism and arbitrum. However, daily transactions have decreased to roughly 908,000 as of Sept. 22. Despite being pronounced dead in late August due to tanking user activity and fees, the platform surged dramatically in September.