Coinbase’s Base is an Ethereum layer-2 network designed to scale the cryptoeconomy by offering faster, cheaper transactions through optimistic rollups. Launched in 2023, Base supports decentralized apps (dApps) across DeFi, gaming, and consumer applications, with over $2.8 billion in total-value-locked (TVL). Unlike competitors, Base has no native token, relying instead on Ethereum for gas fees. The network aims to onboard 25 million users and $100 billion in assets by 2025, focusing on developer experience and AI integration. Base is already a top layer-2 network, ranking fifth in daily active addresses among all blockchains.
about Coinbase's Base: Ethereum Layer-2 Network Explained