Coinbase’s Base Network Announces Major Scalability Upgrades to Challenge Solana
Coinbase’s ethereum layer-2 solution, Base Network, has unveiled a series of ambitious technical upgrades aimed at outperforming competitors like Solana and Sui. With plans to significantly reduce transaction confirmation times and maintain ultra-low fees, Base is positioning itself for mainstream adoption. Here’s a detailed look at the latest developments.
Coinbase’s Base Network Unveils Scalability Upgrades to Rival Solana
Base, Coinbase’s Ethereum layer-2 solution, has outlined ambitious technical upgrades aimed at surpassing competitors like Solana and Sui in performance metrics. Lead developer Jesse Pollak revealed plans to slash transaction confirmation times to 200 milliseconds while maintaining sub-$0.01 fees, positioning the network for mainstream adoption.
The roadmap includes an immediate target of 200+ transactions per second, with an ultimate goal of 1 million TPS—a direct challenge to high-throughput chains. Pollak emphasized Base’s parallel commitment to decentralization, noting key protocol components will migrate to Ethereum L1 via smart contracts.
BTC Ranged, Alts Ripped, and Coinbase’s Rollercoaster Ride
Bitcoin traded within a narrow range last week, exhibiting uncharacteristic stability while Ethereum led altcoins in a sharp rally. The divergence highlights shifting capital flows within the crypto ecosystem as traders seek higher beta plays.
Coinbase dominated exchange news with mixed developments—reporting strong operational metrics alongside regulatory setbacks. The juxtaposition underscores the complex environment facing publicly traded crypto platforms.
A Chinese firm’s announced Bitcoin acquisition plans injected bullish sentiment, though details remain scarce. Such institutional interest continues building despite recent price consolidation.