What is BASE in Crypto?

What is BASE in Crypto? BASE is a secure, low cost and developer friendly Ethereum Layer-2 Blockchain that is built on Optimism Stack.

It is created by Coinbase. The aim is to bring next billion users on the network by mirroring Coinbase’s registered user base.

BASE Features- Making Ethereum Accessible to Everyone

With Coinbase building its own smart wallet, BASE is poised for widespread adoption. The key features of BASE which make it unique are:

EVM-Compatible- As is built on Ethereum L2 thus ensures compatibility in deploying any EVM codebase and assets from Ethereum Layer-1 or from any other interoperable chain like Coinbase.
Secure and Scalable– The on-chain operations are secure and scalable as it leverages the Optimism’s Stack.
Low-Cost- The deployment cost of EVM codebase is very minimal, almost 10x, as compared to Ethereum Layer-1.
Coinbase Integration- As the BASE is powered by the Coinbase itself, it allows the users to access the resources and services of Coinbase from any decentralized app. Thus leveraging developer tools of Coinbase developing apps becomes more simple and with more customer reach.
No to Gas Fee- The platform offers simple APIs with no gas fee and smart contract wallets.
Open Source and Decentralized- Though BASE is powered by Coinbase it is progressively becoming decentralized with time. It is powered by Optimism’s Stack making it Open Source

Thus as a developer if you plan to develop the next project, consider exploring BASE Platform.

Do you that AI based crypto coins are the present and future of the cryptocurrencies. Here is the list of Top 10 AI base Crypto coins.

Adoption of BASE in Crypto

As Coinbase is building its own smart wallet, BASE is showing its widespread adoption. Lets have a glimpse of its potential:

TVL: Over $4.35 Billion
Volume: Over $1.6 Billion
Average TPS: 35.6 . This is more than that of combined TPS of Arbitrum and Ethereum. That is huge!
Market Potentiall: VanEck, an American investment firm, has predicted the BASE marketcap of $1 Trillion by 2030.

BASE NFTs in Crypto

Non-Fungible Tokens NFTs are taking flight in BASE. They are surpassing new heights. With BASE buzz
we are witnessing massive surge in NFT volume.

There are some NFT projects on BASE which have increased by one thousand times (1000x) in just 24 hours.

Here are some popular and trending BASE NFTs to keep eye on:

BasedPunks
veNFTs
OnchainBlobs

BASE Memecoins in crypto

Memecoins on BASE are blasting up. They are making waves on BASE. Could this be the birth of a new memeverse? Fingers crossed!

Previously memecoins like Shiba Inu, Doge Coin and PEPE have shown exponential rise in their price.
They have made many people millionaire overnight.

Though memecoins are risky, owing to their volatility, here are some interesting BASE picks:

Toshi($TOSHI)
The Dog NFT ($DOG)
DogeGf($DOGEGF)

BASE Gaming in Crypto

Another trend in the crypto-world is gaming. BASE is also poised to become a major hub in the gaming field. Here a few BASE picks for you in gaming:

Paralle TCG
KOMPETE
Mavia Game

The Future of BASE in Crypto

The BASE is going to be a game changer in the blockchain development. The features like cross-chain bridging, and scalability with security and low cost makes it stand out.

However, it has to face the competition from the existing players in the field. To have a bright future BASE
has to adapt to new changes to make its on-chain more efficient than the rest.

Thus the future of Base in crypto-wolrd seems promising. We hope that it performs more than our expectations.