The post Coinbase-backed Base Network Plans to Unveil Native Token Soon appeared first on Coinpedia Fintech News Base network, the leading layer two scaling solution on the Ethereum (ETH) blockchain, has announced plans to launch its native token. After operating without a native token, the Base network, which is heavily bolstered by Coinbase Global Inc. (NASDAQ: COIN) exchange, will have a token to incentivize its community.  “We’re exploring a Base network token. …The post Coinbase-backed Base Network Plans to Unveil Native Token Soon appeared first on Coinpedia Fintech News Base network, the leading layer two scaling solution on the Ethereum (ETH) blockchain, has announced plans to launch its native token. After operating without a native token, the Base network, which is heavily bolstered by Coinbase Global Inc. (NASDAQ: COIN) exchange, will have a token to incentivize its community.  “We’re exploring a Base network token. …

Coinbase-backed Base Network Plans to Unveil Native Token Soon

Why Did the Base Network Go Down Today Outage Disrupts Transactions

The post Coinbase-backed Base Network Plans to Unveil Native Token Soon appeared first on Coinpedia Fintech News

Base network, the leading layer two scaling solution on the Ethereum (ETH) blockchain, has announced plans to launch its native token. After operating without a native token, the Base network, which is heavily bolstered by Coinbase Global Inc. (NASDAQ: COIN) exchange, will have a token to incentivize its community. 

“We’re exploring a Base network token. It could be a great tool for accelerating decentralization and expanding creator and developer growth in the ecosystem. To be clear, there are no definitive plans. We’re just updating our philosophy. As of now, we’re exploring it,” Brian Armstrong, co-founder and CEO at Coinbase, noted. 

What to Expect of the Base Network Token

According to the Base team at the BaseCamp 2025 in Stowe, Vermont, the native token will help the network continue building on Ethereum. Furthermore, the Base network token will play a crucial role in incentivizing its global community through the Ethereum blockchain.

The Base network token will also be regulated under the set crypto laws in the United States. The U.S. Senate is currently debating the Clarity Act, which will provide more clarity in the crypto space once passed and enacted by President Donald Trump.

Meanwhile, the Base team noted that it is committed to keep working with its community as its native token will be built in the open.

“Exploring a network token is one path toward making our vision of a global onchain economy real, and a Base network token has the potential to accelerate Base’s decentralization and expand opportunities for builders and creators across the ecosystem,” the announcement noted. 

What’s the Expected Market Impact

The strategic launch of the Base network token will attract more organic users in the long term. As such, the Base network will likely continue leading in the Ethereum L2 ecosystem.

At the time of this writing, Base network had a total value locked of about $4.99 billion, a stablecoin market cap of around $4.3 billion, and a total of over 971k in daily active addresses.

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.002356
$0.002356$0.002356
-0.29%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Memecoins drift lower as traders defend resistance zones

Memecoins drift lower as traders defend resistance zones

The post Memecoins drift lower as traders defend resistance zones appeared on BitcoinEthereumNews.com. Dogecoin edged down to $0.123 while Shiba Inu slipped to $
Share
BitcoinEthereumNews2025/12/27 23:44
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42