Coinbase Teases Base Network Token Launch at BaseCamp 2025 - Here’s What It Means for Crypto
Coinbase drops biggest hint yet at native token for Base network during flagship developer conference
The Base network just got serious about competing with Ethereum's layer-2 heavyweights. Coinbase executives took the stage at BaseCamp 2025 and practically confirmed what the crypto community has speculated for months: a native token is coming.
Why This Changes Everything
Base has been operating without a token since launch—an anomaly in the hyper-monetized world of layer-2 networks. While competitors built token ecosystems, Base relied on Coinbase's infrastructure and USDC integration. That strategic patience appears to be ending.
The Tokenomics Question
No details on distribution yet, but expect the usual dance of airdrop farmers suddenly rediscovering their long-lost 'passion' for Base network development. Because nothing says 'believer in decentralized future' like creating 100 wallets the week before announcement.
Base's scaling advantage meets token incentives—get ready for the next wave of DeFi innovation or another masterclass in financial engineering, depending on which side of the trade you're on.
Bridge Between Base and Solana
In a blog post, Coinbase announced an open-source bridge between Base and Solana. This tool will allow users to MOVE assets seamlessly between the two chains.
Consequently, users will be able to deposit and use SOL within Base apps or bring solana assets into Base. Builders will gain access to broader liquidity and a larger audience. The bridge is live on testnet and will roll out on mainnet in the coming weeks.
Coinbase also stressed Base’s vision of being the center of the global onchain economy. The exchange aspires to do away with siloed ecosystems by interconnecting chains, such that there is frictionless engagement for builders and users.
Boosting Developer Growth
According to the announcement, the Base Batches 002 developer program will kick off on September 29. The program is designed to guide developers through building their projects. It offers mentorship, funding, and global exposure to help turn fresh ideas into fully developed products.
Earlier this year, the first Base Batches program brought together 5,000 developers from over 100 countries. Coinbase supported these builders by providing more than $1 million in funding, helping many projects come to life.
Additionally, over a million people have joined the waitlist for the Base App beta. 40% of test users have already interacted with tiny apps, and app developers have made $500,000 so far.
The exploration of a network token, the introduction of a cross-chain bridge, and continued support for developers highlight Coinbase’s ambition to build a decentralized and interconnected on-chain ecosystem.
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