Activity on the Coinbase-incubated layer two blockchain Base remains hot as March nears its close, with daily transactions and trading volumes surging to record highs.

2.27 million transactions took place on Base on March 29 — an all-time high — according to data from a Dune Analytics dashboard created by user @watermeloncrypto.

The surge in daily activity comes after weekly transactions on Base set an all-time high with a count of approximately 9.59 million on March 18. The previous weekly record was roughly 9.3 million in September of last year.

Meanwhile, Base's weekly network revenue also set an all-time high on March 18, according to the data.

Decentralized exchanges on Base also set record-high volumes yesterday with a total 24-hour volume of $657.19 million, according to data …