Base | Crypto

Base is designed to house Coinbase’s on-chain products and provide an open ecosystem for dapps, onboarding “billions of users.”

Base has confirmed it has begun to explore a network Token, saying there are no definitive plans or timeline. TVL has reached roughly $5B, a Solana bridge has launched on testnet, and builder programs and the Base app waitlist have grown as the project has pursued broader decentralization. The post Base Now “Exploring” a Network Token – Is a Massive Airdrop Imminent? appeared first on Cryptonews.

Base officially announced exploration of a native network token during its Base Camp event on Sept. 15, marking a potential milestone for Coinbase’s Ethereum layer-2 network as it targets global adoption. Base founder Jesse Pollak delivered the announcement during his presentation at the event, outlining the network’s vision to scale from tens of millions to […] The post Base officially explores native token launch to boost decentralization and global growth appeared first on CryptoSlate.

At BaseCamp 2025, Coinbase’s Layer 2 network said it is weighing a token launch to boost decentralization, while unveiling a Solana bridge to expand cross-chain interoperability. Coinbase’s layer-2 network Base may soon launch a native token, creator Jesse Pollak said at the BaseCamp event. According to Base, the new token could support decentralization and expand opportunities for builders and creators. “We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance,” the network said Monday. Base is a layer-2 blockchain built on Ethereum and incubated by Coinbase. It processes transactions offchain before settling them on Ethereum. Read more

Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana. Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days.  Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume.  Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network.  Read more

Bitget Wallet has integrated Aerodrome, the key liquidity hub on Base, into its app. The move has given users seamless access to Base-native assets like cbETH and cbBTC, in-app token swaps, liquidity pools, GetGas support for transactions, and a dedicated discovery zone showcasing Base DApps and tools. The post Bitget Wallet Integrates Aerodrome DEX on Base – Unlocking cbETH and cbBTC Liquidity appeared first on Cryptonews.

A viral run on Zora pushed Base ahead of Pump.fun and LetsBonk, but Solana still leads in users, transactions and overall activity. Base is testing Solana’s dominance in token launches, with a recent burst of SocialFi activity pushing the Ethereum layer-2 network to the top of the industry’s leaderboard. In recent years, Solana has been the go-to chain for new tokens. Its low fees and high throughput are drawing traders away from Ethereum. It’s become a hub for memecoins, with launchpads like Pump.fun spawning tens of thousands of tokens daily. The surge on Coinbase’s Base is coming from a different kind of token economy, built on social media posts, viral moments and a new wave of creator tools. Coinbase recently introduced the Base App by rebranding its wallet, sparking a surge in SocialFi activity on applications like Zora. Read more

Base blamed a 33-minute outage on Aug. 5 on an unprepared sequencer and said it has fixed the issue to ensure any chosen sequencer will be ready to process transactions. Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor — Base’s system for managing sequencer availability and reliability — to switch sequencers. However, it switched to an “unhealthy mainnet sequencer” that was still being set up and thus wasn’t able to produce blocks, Base Build’s X account said in a post on Tuesday. Read more

The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9 million digital assets, compared to a little over 20,000 in 2022. In January of that year, roughly 20,000 assets were listed across major trackers. By mid-2025, that universe swelled to an estimated 18.9 million, an astonishing 945x increase […] The post Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC appeared first on CryptoSlate.

PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs. PancakeSwap Infinity, the fourth version of the PancakeSwap decentralized exchange (DEX), has made it to Coinbase’s Ethereum layer-2 network, Base. According to a Tuesday announcement shared with Cointelegraph, PancakeSwap Infinity is now live on Base. The announcement follows the launch of PancakeSwap Infinity on BNB Chain at the end of April. The announcement comes as Base’s total value locked (TVL) reached a new high of $4.295 billion, according to DefiLlama data. This represents a 33.75% increase from its TVL of $3.211 billion reported on Jan. 1. Read more

Coinbase has transformed its Coinbase Wallet into the novel Base App, describing it as “an everything app” that supports trading, payments, social, apps, and chat. The post Coinbase Wallet Morphs into the ‘Everything’ Base App appeared first on Cryptonews.

Crypto exchange Coinbase has added new ways for crypto holders to make use of Cardano and Litecoin on its Base network.

Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post.  Each synthetic token is backed 1:1 by the underlying asset held in Coinbase custody, and proof-of-reserves pages list the on-chain addresses securing the collateral. The transparency pages already show 11,364 LTC and […] The post Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base appeared first on CryptoSlate.

JPMorgan will pilot a dollar-denominated deposit token called JPMD on Coinbase’s Base blockchain within days, global blockchain division co-head Naveen Mallela said in an interview with Bloomberg News on June 17.  The test will transfer a fixed amount of JPMD from the bank’s digital wallet to Coinbase, making the token available to selected institutional users […] The post JPMorgan pilots tokenized deposit token on Base, targeting instant dollar transfers appeared first on CryptoSlate.

Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions. JPMorgan Chase’s foray into the blockchain ecosystem continues, with the financial institution choosing the Base network to pilot its newly launched deposit token, JPMD.  The pilot program was confirmed by Naveen Mallela, an executive at JPMorgan’s blockchain division, Kinexys, who told Bloomberg that a fixed amount of JPMD tokens will be transferred to crypto exchange Coinbase in the coming days. The transfer will be facilitated through Coinbase’s layer-2 blockchain, Base, which launched in 2023 and currently has the largest market share among Ethereum layer-2s, according to CoinGecko.  Read more

Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months. New payment rails […] The post Shopify to enable USDC payments via Base across its Checkout ecosystem appeared first on CryptoSlate.

Wallet infrastructure provider Magic Labs has announced the Genesis launch of Magic Newton, an AI agent platform that enables autonomous finance and simplifies crypto managing, on Coinbase’s layer-2 Base blockchain. The post PayPal-Backed Magic Labs Reveals Verifiable Crypto Agent Platform Newton on Base appeared first on Cryptonews.

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