Aave is launching V4 in Q4, introducing the Cross-Chain Liquidity Layer for unified cross-chain liquidity. Aave V4 will enable users to borrow and collateralize assets across EVM and non-EVM chains. With a record $41.7 billion TVL, Aave holds nearly half of the DeFi lending sector's total liquidity, and V4 is expected to further accelerate growth by unlocking cross-chain capital efficiency and broader liquidity access.
Coinbase's Ethereum layer-2 network, Base, has announced significant developments aimed at enhancing decentralization and cross-chain liquidity. At BaseCamp 2025, the team unveiled plans for a native Base token and an open-source Solana bridge, aiming to support decentralization and expand interoperability within the broader crypto ecosystem.
Native Token Exploration
Base is in the early stages of exploring a native token to support decentralization and creator economies. The team has emphasized that any token proposal will be informed by community input and extensive research. Potential uses for the token include distributing governance, rewarding contributors, and funding ecosystem grants, thereby broadening participation and enabling new monetization models for builders and creators.
Solana Bridge for Cross-Chain Interoperability
Base has announced an open-source bridge to the Solana network, enabling native asset transfers between the two chains. The bridge aims to let developers tap into Solana's liquidity and allow users to move tokens efficiently between Base and Solana. This initiative underscores Base's commitment to interoperability, aiming to strengthen the broader crypto ecosystem by supporting cross-chain dApps and increasing composability across ecosystems.
Strong Usage Metrics
Base, incubated by Coinbase, has seen rapid growth since its launch in 2023. According to Token Terminal, Base has approximately 20.8 million monthly active addresses over the past twelve months, making it one of the most used Ethereum layer-2 networks. This strong usage metric highlights the network's on-chain activity and potential for further growth.
Looking Ahead
The Base team is carefully exploring the native token while shipping infrastructure, most notably the Solana bridge. Expect further community engagement and technical proposals before any token launch. Builders should evaluate bridge integrations and monitor official Base updates from COINOTAG.
Conclusion
Base's initiatives to introduce a native token and launch a Solana bridge are significant steps towards enhancing decentralization and cross-chain liquidity. These developments, coupled with strong usage metrics, position Base as a key player in the Ethereum layer-2 ecosystem and the broader crypto industry.
References
Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability[1] https://en.coinotag.com/base-considers-native-token-unveils-solana-bridge-to-expand-ethereum-layer-2-interoperability/
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