Cardano Just Lost a Top Project to Base L2: Details

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Cardano Just Lost a Top Project to Base L2: Details

The Ape Society has decided to move from the Cardano blockchain after a few months of ranking as one of the top projects on the network. As part of the new “journey” that The Ape Society plans to undertake, the Non-fungible Token (NFT) project plans to utilize the Layer-2 solution Base launched by Coinbase Global Inc (NASDAQ: COIN).

The bridge to the builder-friendly Ethereum (ETH) L2 protocol is expected to happen in the coming weeks. The protocol is optimistic that Base would become one of the pillars to bring the world on-chain.

“Base has a goal of onboarding their 100 million users from Coinbase, we aim to be a part of history,” Ape Society wrote in a Medium post.

The Ape Society Acknowledges Base’s Market Performance

According to the protocol, its initial intention from when it was established was to create a Web 3.0 country club. The plan was to have this club boosted by unique creative abilities and a builder mentality. With the progression of time, the Ape Society realized that there was a need for advancement. As it revealed, this includes taking on a chain that truly reflects what the project is pushing to achieve.

Bridging to Base is an int...


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Cardano Just Lost a Top Project to Base L2: Details