Base News

An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192.

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a stock rally.

Coinbase CEO Brian Armstrong credited the company’s acquisition of Iron Fish in March for driving the effort.

Base’s DX Terminal NFTs ranked first in sales counts, having 1.27 million transactions, a more than 1,000% increase over the previous month.

Top blockchains in 2025, based on active users, range from DeFi stars to gaming chains. Growth notwithstanding, these blockchains are facing stiff competition.

At BaseCamp 2025, Coinbase’s layer 2 network said it is weighing a token launch to boost decentralization, while unveiling a Solana bridge to expand crosschain interoperability.

Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana.

A viral run on Zora pushed Base ahead of Pump.fun and LetsBonk, but Solana still leads in users, transactions and overall activity.

Base blamed a 33-minute outage on Tuesday on an unprepared sequencer. The blockchain team said it would update the infrastructure

The developer tool offers customizable wallets, USDC rewards and deeper integration with Coinbase’s Base app, aligning with recent pro-crypto legislation.

Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base.

Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games.

Arcadia Finance’s Rebalancer contract was exploited for $3.5 million in USDC and USDS on the Base blockchain, with stolen assets swapped to WETH.

JPMorgan’s blockchain lead says merging TradFi with DeFi is accelerating, as the bank’s pilot with Chainlink and Base shows traditional institutions moving onchain.

Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.