Overview

• Head of Base Jesse Pollak announced the exploratory effort at the BaseCamp event in Stowe, Vermont, emphasizing open development and community input.
• CEO Brian Armstrong called a token a potential tool for decentralization and ecosystem growth but reiterated there are no definitive plans.
• Base committed to continued building on Ethereum and to working with U.S. regulators as a public company focused on compliance.
• The team introduced an open-source bridge to Solana to enable asset transfers between the networks and broaden cross-chain liquidity.
• The shift comes as Base posts heavy usage and roughly $5 billion locked in smart contracts, after previously saying it had no plans for a token.