Following its initial explosive growth, the Base ecosystem has entered a more mature phase in 2025. Instead of relying solely on the narrative of being “backed by Coinbase,” there is now sufficient on-chain data to analyze the true health and potential of Base, particularly in the key sectors of Gaming and NFTs.
The Base Ecosystem Growing Metrics
Bridged Capital from Other Blockchains to Base
According to the on-chain data indicators from Q2 2025, the Base ecosystem has built a solid and promising foundation in general. In terms of capital attraction, data from DeFiLlama indicates that the Total Value Locked (TVL) on Base has grown steadily, surpassing $8 billion in July 2025. In August 2025, Base has kept ranking its position on the list of top growth rates among the other Layer 2s.
Up till the August 20, 2025, there are $4.77 billion worth of assets bridged by users from other chains to Base. This number clearly shows an interest of users with Base ecosystem ranging from DeFi, NFTs, Gaming, etc. This is a massive amount of capital is ready to participate in economic activities on Base.
Furthermore, we take the total valued bridge into account. In just three months after, the hardly surge in the amount of capital increase three times to a peak of nearly $9 billion marks a milestone. This suggests that Base reached a tipping point in market adoption during Q2 2025, possibly due to the launch of viral applications or effective incentive programs.
A detailed analysis of the assets shows that the capital inflow consists not only of ETH, indicating deep integration with Coinbase. Notably, the presence of the meme coin MOG (~$84 million) confirms Base’s appeal to a dynamic community of retail users, who are a core audience for GameFi and NFTs.
For more: Meme Coins on Base: The Case of BRETT, DEGEN, and TOSHI Memecoin
User Activities and Transactions
Base’s most impressive metrics are related to user activity. The cumulative number of users on Base, indicated as “cumulative_user,” has approached the 200 million mark. In which the network continuously onboarding hundreds of thousands of new users daily. There are some metrics that worths seeing. The network frequently processes between 5 to 10 million transactions on a daily basis. Furthermore, the total cumulative transaction indicated as “cummu_transactic” has surpassed 2.5 billion.
The reason behind this “hype” in Base activities is supported by a stable transaction speed of 30-40, combined with highly competitive fees of around $0.01 – $0.05.
Source: Dune
Breakdown The Base Gaming Sector
The Base Gaming Current Situation
The gaming sector on Base is showing clear signs of growth, although it still lacks a true “AAA” blockbuster title. According to a DappRadar report for Q2 2025, the gaming category on Base attracted over 250,000 weekly unique active wallets (UAW), putting Base in the top 5 chains for gaming activity, behind Polygon, BNB Chain, and Ronin.
Looking at the 30-day data analysis from DappRadar, there is a difference between two successful model that currently working.
First and foremost, let’s see the games for mass audiences with light interaction, exemplified by WorldShards. With nearly 340,000 UAW, this game focuses on attracting a huge player base with simple gameplay, reflected in its low transaction-per-user ratio (Txs/UAW) of just 3.32. These are “gateway” games that play a key role in onboarding new users.
On the other end of the spectrum are “deep-economy” games. What does this kind of game mean? Deep economy focuses mainly on the high economic aspect of the game. They don’t require a large number of players.
FrenPet is an example to consider. The game has only 887 UAW, but looking at it trading volume, the game generated an incredible $742,360. With that number, each user need to transact an average of ~317 transactions for the month.
Similarly, Cat Town, with 1,390 UAW, generated $207,600 in volume with a high Txs/UAW ratio of 40.9. With this sector, the economy feature is emphasized, trying to create vibrant micro-economies from a small but dedicated and high-spending user base.
For more: Best Play-to-Earn Games for Crypto & NFT Rewards in August 2025
Highlight Gaming Token
FrenPet still marked itself as an astonishing gaming project. It has the token name FP, increasing +72.54% in the last 30 days. Another token game with large pump is Pixotchi. The SEED token of Pĩotchi increased 281.58% in the last month.
By the way, not any projects also gained its success. Although the PokPok Protocol maintains its users traffic, the trading volume dropped -91.93%. The PEGG token of PokPok also met its hardship.
Source: DappRadar
Development Trends
Instead of AAA projects, the Base gaming ecosystem is thriving in specific niches:
- On-chain / Social Games: Fully on-chain games like FrenPet and PerionXP are proving their viability by creating addictive gameplay loops that encourage continuous on-chain interaction.
- Leveraging Coinbase Infrastructure: Recently, Coinbase launched the Coinbase Smart Wallet. Game studios have the ability to sponsor gas fees for users. This means users will have a “gasless” experience, attracting more and more users.
- The Power of Social-Fi: Some highlight games, such as GMonchain, Lingo, and OnChainGM, have a strong social elements. They turn gameplay into a community experience.
Compared to Polygon or Immutable X, Base may lack major studio titles but is winning in terms of new user acquisition and innovative experiments, thanks to its low barrier to entry and huge user base from Coinbase.
For more: The 6 Best NFT Games You Can’t Miss in 2025
Source: DappRadar
A Deep Dive into the Base NFT Sector
The NFT Metrics
The NFT market on Base has matured quickly, shifting from speculation to a focus on community and utility. According to data from CryptoSlam:
- All-time Sales Volume: $86,669,090
- Total Buyers: 633,876
- Total Sellers: 582,654
- Total Transactions: 3,035,039
With over 630,000 buyers and 3 million transactions, this is a market with depth, liquidity, and a massive community. Volume and activity surged in early 2025, with a major spike in June.
Source: CryptoSlam
Base is mapping itself on the top 10 blockchains with the largest NFT sales volume based on the 24-hour metrics. Although its sales volume is far from the top tier such as Ethereum, BNB Chain, Polygon, or any other game-based blockchains such as Immutable X, Base still has a large increase in the volume metric. Another key aspect is the wash trading volume, which reaches $2.8 million in the last 24 hours.
Source: CryptoSlam
Three Tiers of NFTs Exist in Parallel
There are three main types of NFT collections that matter in the Base blockchain:
- New “Blue-Chips” and Art (High Floor, Low Traders): Represented by collections like Onchain Gaias (Floor Price $6,070) and Oracle Patron NFT ($806). The exposure of this sector mainly focuses on the long-term collectors. The segment shows the market is mature enough to sustain high-value assets.
- Mass Market and Trading (Low Floor, High Traders): Represented by collections like the DX Terminal (Floor Price $15.74). With low floor prices, the collections attract hundreds of thousands of traders for short-term flips.
- Balanced PFP and Community (Mid-Floor, Mid-Traders): Represented by collections like Based Punks ($439 floor). Usually, these are PFP projects. The value mainly comes from brand and community strength.
While the Base NFT market may not match Ethereum in “blue-chip” value. It is more vibrant and accessible, with lower floor prices that allow for broader participation.
Source: DappRadar
Conclusion
After two quarters of 2025, the metrics on Base show strong signs of development. The Base blockchain positioned itself as a leading Layer 2 ecosystem with impressive user activity and transaction metrics. Following this, the gaming sector is growing in the on-chain and social niches but still needs a flagship title to define itself as a “gaming hub.” With the NFT market, we see it has found its own identity. To further develop, NFT need to focus more on its advantage, on community and accessibility, making it a healthy and sustainable market.
Is Base the “Promised Land”? The data shows it is not a finished paradise, but it is undoubtedly a fertile and promising ground. Its core strength comes not from a single project but from its network effects, real user activity, and the strategic bridge to the Coinbase ecosystem.