Coinbase Supercharges Wallet Experience with Base App: Social Features & App Integrations Unleashed
Coinbase just flipped the script on crypto wallets—again. Their newly rebranded Base app isn't just holding digital assets anymore; it's morphing into a social-financial hybrid. Think Venmo meets Web3, but with fewer bank fees and more decentralization drama.
Breaking Down the Upgrade
Gone are the days of clunky wallet interfaces. Base now bundles chat functions, dApp integrations, and—because it's 2025—AI-powered transaction summaries. Because nothing says 'financial revolution' like a chatbot explaining your NFT purchase to your confused aunt.
The Cynical Take
Wall Street bankers are probably hyperventilating into their silk handkerchiefs. Another fintech player cutting them out of the action—this time with emoji payments and blockchain-based status updates. The future's here, and it doesn't wear a tie.
Base Unveils Web3 “Everything App” At Los Angeles Conference
The launch of the new Base App was officially announced during a conference in Los Angeles, where the company laid out its vision for a blockchain-native future. In a promotional video shared during the event, the company declared: “Coinbase Wallet is now much more than a wallet. Your new home to create, earn, trade, discover apps, and chat with friends all in one place.”
The message was clear: The app isn’t just an upgrade—it’s a full transformation into a multi-functional Web3 platform designed to rival the utility of mainstream tech super apps. The video continued, “Move money. Bring your identity wherever you go. Own your social graph. Use markets 24/7. Chat with your friends.”
This sweeping vision includes tight integration with decentralized exchanges like Aerodrome Finance and Uniswap, enabling seamless token trading within the app. Users can access markets, execute trades, and interact with DeFi protocols without leaving the platform.
Coinbase CEO and co-founder Brian Armstrong echoed this strategic shift on X, writing: “Coinbase Wallet has evolved. The Base app is your new onchain home to post, earn, trade, chat, and connect.”
By combining DeFi, social media, identity, and communication, Base is positioning itself as a serious contender to build Web3’s first mass-market application. Whether this new direction succeeds will depend on adoption beyond the crypto-native crowd, but the foundation is being laid.
Coinbase (COIN) Nears Major Resistance
Coinbase Global Inc. (NASDAQ: COIN) is approaching a critical resistance level, with its stock trading at $398.20 after gaining +2.88% this week. The weekly chart shows a strong bullish trend, fueled by momentum that began in mid-May. After clearing prior resistance around $320, COIN is now testing the psychologically important $400 level—a zone that previously marked a major rejection point in early 2022.
Volume has picked up significantly during this recent rally, signaling strong institutional and retail participation. Technically, the 50-week moving average has crossed above the 100-week, confirming medium-term bullish momentum. Additionally, the 200-week moving average is flattening, which suggests the long-term downtrend may be ending.
A decisive breakout and close above $400 WOULD open the door for a move toward the $450–$475 range, with the $500 mark acting as a potential magnet if bullish momentum continues. However, if the $400 barrier holds, a pullback to the $340–$360 area is likely, especially if broader market conditions weaken.
Featured image from Dall-E, chart from TradingView
