Coinbase's Base Expands with Cross-Chain Features and Eyes Native Token Launch
September 16, 2025
Base is evolving from a simple Coinbase Layer-2 experiment into a foundational blockchain layer by integrating cross-chain functionality and considering the launch of a native token, aiming to support broader crypto infrastructure.
The project is focused on building a vibrant ecosystem that supports developers, creators, and users through development, monetization, and growth strategies to attract a diverse user base.
Coinbase-backed Base has experienced rapid growth, reaching $5 billion in total value locked, a $4.5 billion stablecoin market cap, and generating $100,000 in daily revenue, indicating strong adoption.
Jesse Pollak, the creator of Base, envisions the network as an interoperable layer connecting the global economy, with plans to expand cross-chain support.
Base is expanding its ecosystem with a new Solana bridge that enables seamless cross-chain transfers of ERC-20 and SPL-20 tokens, allowing users to interact with Solana assets within Base.
The platform is exploring the launch of a native network token, with community input, although details regarding timing and governance are still in early development stages.
User engagement on Base is demonstrated through meaningful transactions such as swaps, tips, and collectibles, reflecting genuine activity beyond wash trading.
Summary based on 1 source
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BeInCrypto • Sep 16, 2025
Base L2 Surges Past $5B TVL With Solana Bridge & Token Plans