Coinbase Unveils Revolutionary Base App: A Game-Changer for the Onchain Economy

Coinbase has taken a monumental leap forward in the cryptocurrency space with the launch of its all-in-one Base App, a rebranded and supercharged version of Coinbase Wallet. This innovative platform, built on Coinbase's Ethereum Layer-2 network Base, promises to revolutionize how users interact with digital assets by seamlessly integrating social trading, faster transactions, and a unified interface for trading, payments, and messaging. CEO Brian Armstrong envisions the Base App as the foundation for an "onchain economy for a billion people," signaling Coinbase's ambitious plans to mainstream cryptocurrency adoption. The app's launch marks a significant milestone in making crypto more accessible and user-friendly, potentially accelerating the transition to a decentralized financial future. With its robust features and Coinbase's reputation behind it, the Base App could become the go-to platform for both novice and experienced crypto enthusiasts alike.

Coinbase Launches New All-in-One Crypto App: Here’s What You Need to Know

Coinbase has unveiled a transformative upgrade to its ecosystem with the launch of the Base App, a rebranded and expanded version of Coinbase Wallet. The new app integrates social trading, faster transactions, and a unified interface for trading, payments, and messaging—all built on its ethereum Layer-2 network, Base.

CEO Brian Armstrong frames the Base App as the cornerstone of an "onchain economy for a billion people," emphasizing seamless usability. The move reflects broader industry trends toward immersive, consumer-first crypto experiences, positioning Coinbase at the forefront of infrastructure innovation.

Whale sends $73M XRP to Coinbase – Is a sell-off imminent?

A significant whale transaction involving 25.5 million XRP tokens, valued at $73.6 million, was transferred to Coinbase on 16 July. This MOVE coincides with a daily net outflow of $9.69 million from spot markets, extending XRP's trend of exchange outflows. Such large-scale activity often signals investor caution or profit-taking by major holders, historically preceding short-term price declines.

The Network Value to Transactions (NVT) ratio for XRP surged 39.47% in 24 hours, reaching 127.95—a level suggesting potential overvaluation. This metric, which compares market cap to transaction volume, indicates speculative trading may be outpacing organic utility growth. Market participants should monitor these developments closely as XRP approaches a key resistance zone.

California Taps Ripple and Coinbase for Government Tech Overhaul

California is embracing blockchain innovation to modernize its bureaucratic systems. Governor Gavin Newsom unveiled the California Breakthrough Project at Ripple's headquarters, with participation from crypto leaders including Coinbase. The initiative aims to transform state operations into a model of 21st-century efficiency.

The collaboration signals growing institutional acceptance of cryptocurrency infrastructure. Ripple's involvement highlights the potential for enterprise blockchain solutions in government, while Coinbase's participation underscores the role of regulated exchanges in mainstream adoption.