Base Hits $5B TVL Mark on Third Anniversary Amid Ethereum Price Volatility

Base has reached a significant milestone on its third anniversary, boasting nearly $5 billion in total value locked (TVL) and over $46 trillion in stablecoin volume. The Base blockchain has also processed 90% of all x402 transactions.

This achievement is a testament to the rapid growth and adoption of Coinbase's Base Layer 2 Ethereum solution since its launch, as well as the sustained interest from builders and users in the Base ecosystem.

Ethereum (ETH) price action remains closely watched, with ETH currently trading at $1,924.39 within Bollinger Bands testing upper resistance at $1,930.66. The Relative Strength Index (RSI-14) holds neutral at 60.57, while the MACD death cross signals short-term caution.

However, the bullish Exponential Moving Averages (EMAs) at $1,901.38 and $1,843.37 provide clear support, indicating a measured retracement before continuation in ETH price prediction.