BlockBeats News, May 6th, according to DefiLlama data, Coinbase's Layer2 network Base Chain has recently seen a significant on-chain data recovery, with TVL reaching $46.44 billion. DEX trading volume remains active, reaching $8.62 billion in the past 24 hours and $51.23 billion in the past 7 days. Since May, on-chain data has resonated with the wealth effect.

At the same time, multiple tokens in the Base ecosystem have seen a synchronous rise:

VIRTUAL market cap surpasses $500 million, with a 24-hour increase of 9.8%.

CLANKER market cap surpasses $28.7 million, with a 24-hour increase of 21%.

DEGEN market cap surpasses $26.5 million, with a 24-hour increase of 5.7%.

BNKR market cap surpasses $35 million, with a 24-hour increase of 9.7%.

TOSHI market cap surpasses $78 million, with a 24-hour increase of 5.6%.