Data from L2BEAT indicates that as of November 28, the Total Value Locked (TVL) on the Base Network has surged to $11.47 billion. This represents a remarkable 12.6% increase over the past week, establishing a new historical record for the network. The rapid growth of the Base Network showcases its increasing adoption and the trust users place in its ecosystem.

Observers note that such a rise in TVL not only highlights the network's robust capabilities but also reflects broader trends in decentralized finance as users rush to capitalize on new opportunities..