Coinbase’s Base Network Surges Ahead in Token Creation, Outpacing Solana

In a significant development for the cryptocurrency sector, Coinbase's Ethereum Layer-2 network, Base, has surpassed Solana in daily token creation for the first time. According to data from Satoshi Club, Base generated over 54,000 tokens on both July 24 and 27, more than double Solana's 25,460 creations during the same period. This milestone highlights a notable shift in blockchain activity, driven by Base's integration with Zora's social finance platform, which has already catalyzed 1.6 million transactions. The surge in token creation underscores Base's growing influence and adoption within the decentralized finance (DeFi) ecosystem, positioning it as a formidable competitor to established networks like Solana. As of August 10, 2025, this development marks a pivotal moment for Coinbase and the broader cryptocurrency market, signaling potential long-term growth for Base and its associated assets.

Base Surpasses Solana in Daily Token Creation Amid Zora Integration Boom

Base, Coinbase's ethereum Layer-2 network, has eclipsed Solana in daily token creation for the first time, marking a seismic shift in blockchain activity. Data from Satoshi Club reveals Base generated over 54,000 tokens on both July 24 and 27—more than double Solana's 25,460 creations during the same period.

The surge stems from Base's integration with Zora's social finance platform, which has catalyzed 1.6 million token launches since mid-July. The collaboration has democratized tokenization for creators, leveraging Base's low-cost infrastructure to outpace Solana's throughput.

Ethereum's scaling solution is now the preferred launchpad for decentralized projects, with Zora's token mechanics accelerating adoption. This realignment underscores Layer-2 networks' growing dominance in transactional ecosystems previously ruled by high-speed Layer-1 chains.

Tuur Demeester Predicts $500K Bitcoin in Mid-Cycle Rally Amid Institutional Support

Bitcoin's current bull cycle may only be at its midpoint, with potential for a 4-10x appreciation from current levels, according to a new analysis by Tuur Demeester and Adamant Research. The report suggests price targets could exceed $500,000, based on on-chain metrics indicating mid-cycle Optimism rather than a market top.

Key indicators like HODLer Net Position Change and Net Unrealized Profit/Loss (NUPL) show 50-70% of Bitcoin's supply remains in profit—a historical pattern consistent with mid-cycle strength. "This could become one of the most significant bull runs in Bitcoin's history," Demeester noted, dismissing near-term risks like Mt. Gox distributions as having minimal price impact.

Institutional adoption appears resilient, with ETF issuers diversifying custody despite Coinbase holding 10% of circulating supply. The analysis favors Bitcoin over altcoins, emphasizing its asymmetric upside potential during this cycle phase.