Base Defies Token Delisting with 200ms Blocks, JPMorgan Pilot, and Expanded Asset Support

Base continues to solidify its position as a leading Ethereum Layer 2 scaling solution despite the delisting of its native token, BASEUSD, from major exchanges. Recent developments highlight the platform’s rapid ecosystem expansion, enhanced technical performance, and growing institutional interest.

JPMorgan initiated a pilot program for a deposit token (JPMD) on Base in early June, marking a significant step toward institutional adoption and bridging real-world finance with blockchain infrastructure. This move underscores Base’s increasing credibility among traditional financial players [1].

In parallel, Coinbase expanded Base’s asset portfolio by listing wrapped versions of ADA, LTC, XRP, and DOGE on the network in June, significantly broadening the range of transferable assets and attracting a wider user base [1]. The integration of Zora’s content tokenization technology further boosted NFT activity on Base, while migrations from chains like Polygon—such as Aavegotchi—highlight the platform’s growing appeal as an alternative for decentralized applications [1].

A key technical upgrade, the activation of “Flashblocks” on July 17, reduced block times to 200ms, positioning Base among the fastest Ethereum scaling solutions available. This improvement enhances the platform’s competitiveness against other high-speed Layer 2s [1].

To accelerate global adoption, Base appointed “country leads” in seven markets in May 2025, signaling a strategic push for international expansion [1]. These initiatives collectively reinforce Base’s ecosystem fundamentals, driven by scalability innovations, institutional pilots, and expanding asset support.

However, the delisting of BASEUSD has led to a sharp price correction from a peak of $8.79 to around $0.25, with no active price feeds currently available. While technical analysis suggests the token is in a prolonged accumulation phase, the lack of liquidity makes price discovery difficult. Analysts note that speculative upside for the token remains uncertain until new listings or token restructures occur [1].

Despite these challenges, the ecosystem continues to grow, with strong momentum in DeFi and NFT integrations, as well as increasing institutional engagement. This momentum implies underlying value growth in the protocol, even if the token itself is inactive.

Source: [1] Base Ecosystem Expands: 200ms Blocks, JPMorgan Pilot & Wrapped Assets Defy Token Delisting (https://coinmarketcap.com/community/articles/688a4d327481f37f5835901e/)