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Coinbase’s Base Begins Exploring a Network Token

Coinbase says any move would be developed transparently with community input.

Overview

  • Base confirmed it is in an early exploratory phase with no timeline, design, or governance decided, and it remains committed to Ethereum with ETH as the gas token.
  • Jesse Pollak and Brian Armstrong describe a potential token as a way to accelerate decentralization and broaden economic participation for builders and creators.
  • Alongside the update, Base unveiled an open-source bridge to Solana to enable cross-chain asset transfers and broaden developer access to liquidity.
  • The shift comes as the network posts strong usage, with reporting citing roughly $5 billion in total value locked and heavy transaction volumes.
  • Coverage notes community speculation about possible airdrops and short-term moves in Base-linked tokens, with some analysis linking the timing to a perceived friendlier U.S. policy environment.