Coinbase Launches Ethereum Layer-2 Network Base: A "Bridge" to the Cryptoeconomy

Base is an Ethereum layer-2 network launched by Coinbase in 2023 to provide users with cheaper, faster, and more secure transactions. It utilizes optimistic rollups to batch transactions for processing and is built on open-source standards and the OP Stack. Base aims to onboard new users and developers to crypto and is open source, decentralized, and interoperable. It does not have a native token, but Coinbase is exploring the possibility of launching a network token.

Coinbase's Base layer-2 network, launched in 2023, has seen significant growth and is now exploring the possibility of launching a native token. The network, which utilizes optimistic rollups to batch transactions for processing, has achieved impressive metrics, including $5 billion in total value locked (TVL) and over 328 million transactions processed in the past 30 days Base Network Token: Coinbase Layer-2 Explores Native Token After Growth Success^[2].

The network's creator, Jesse Pollak, announced at BaseCamp 2025 that Base is exploring the issuance of a native token. This marks a shift from the network's original no-token stance when it launched in 2023. The potential Base token launch could trigger increased network activity as users position for a possible airdrop Base Network Token: Coinbase Layer-2 Explores Native Token After Growth Success^[2].

The token would be built on Ethereum with regulatory compliance as a priority. Base has reached $5 billion in total value locked, making it the second-largest layer-2 blockchain behind Arbitrum. The network also launched a cross-chain bridge to Solana for improved interoperability Base Network Token: Coinbase Layer-2 Explores Native Token After Growth Success^[2].

The Base team has emphasized that the token exploration is in early stages, focusing on decentralization and expanding opportunities for builders and creators. The team has no specifics on timing, design, or governance yet, emphasizing research and community input before any concrete token proposal Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability^[3].

In addition to the token exploration, Base unveiled an open-source bridge connecting it to Solana. This cross-chain infrastructure allows users to transfer assets between networks while providing developers access to expanded liquidity pools Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability^[3].

The Solana bridge aligns with Pollak's vision of Base as "a bridge, not an island," stressing interoperability to strengthen the broader crypto ecosystem. The network processes transactions off-chain before settling them on Ethereum, following the standard layer-2 scaling model Base Network Token: Coinbase Layer-2 Explores Native Token After Growth Success^[2].

Base, incubated by Coinbase, is an Ethereum layer-2 that processes transactions off-chain before settling on Ethereum. Launched in 2023, Base has grown rapidly: Token Terminal reports approximately 20.8 million monthly active addresses over the past twelve months, making it one of the most used Ethereum layer-2 networks Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability^[3].

The Base team is carefully exploring a Base token while shipping infrastructure—most notably a Solana bridge—to expand interoperability. Expect further community engagement and technical proposals before any token launch; builders should evaluate bridge integrations and monitor official Base updates from COINOTAG Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability^[3].

References
Coinbase Announces Collaboration with This Altcoin, Price Volatility High!^[1] https://en.bitcoinsistemi.com/coinbase-announces-collaboration-with-this-altcoin-price-volatility-high/
Base Network Token: Coinbase Layer-2 Explores Native Token After Growth Success^[2] https://parameter.io/base-network-token-coinbase-layer-2-explores-native-token-after-growth-success/
Base Considers Native Token, Unveils Solana Bridge to Expand Ethereum Layer-2 Interoperability^[3] https://en.coinotag.com/base-considers-native-token-unveils-solana-bridge-to-expand-ethereum-layer-2-interoperability/