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Ethereum News: Coinbase-Backed Base Unveils Innovations to Boost Blockchain Scalability

Ethereum News: Coinbase-Backed Base Unveils Innovations to Boost Blockchain Scalability

Published:
2025-02-28 13:22:59
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In a move that underscores the ongoing evolution of Ethereum-based Layer 2 solutions, Coinbase-backed Base has introduced several upgrades aimed at enhancing blockchain scalability and usability. Here’s a closer look at these exciting developments.

Coinbase-backed Base Unveils Upgrades to Enhance Blockchain Scalability

Coinbase-backed Base, an Ethereum Layer 2 network, has introduced Flashblocks, Smart Wallet Sub Accounts, and Base Appchains to improve blockchain scalability and usability. These tools aim to simplify blockchain development while enhancing transaction efficiency, focusing on expanding the on-chain economy through faster transactions, customized infrastructure, and improved wallet functionality. These updates reinforce Base’s position as a leading Ethereum Layer 2 network.

Wyckoff Check in Play: Will ETH Hold and Surge Higher?

Ethereum faces a critical Wyckoff Check at $2,375, deciding the next major move. Bears dominate as liquidations surge, weakening bullish momentum and increasing downside risks. Holding support could trigger a breakout, while failure may lead to further declines. A steep 19% drop in three days rattled the market, shaking weak hands. A small 5% rebound on Thursday provided temporary relief, but bearish pressure remains strong. The Wyckoff Check, a key retest after a breakout, now holds the spotlight. Holding above $2,375 could fuel a rally, but failure may bring more losses. Buyers and sellers now fight for control in a high-stakes battle.

The reports of Ethereum’s death are greatly exaggerated | Opinion

Digital assets are going mainstream, with projects associated with a septuagenarian US president issuing, developing, and openly supporting them. Despite this, Ethereum (ETH) is underperforming versus expectations, a sentiment reflected on social media. There are theories about shorts by hedge funds, lack of a clear direction, and rise of competing blockchains like Solana. However, the author remains positive about Ethereum’s future.

Trump Continues to Accumulate Ethereum Amid Market Downturn

Ethereum has faced significant pressure during the recent market downturn, but U.S. President Donald Trump remains optimistic and has continued to accumulate ETH. Meanwhile, Rollblock (RBLK) has defied the broader crypto slump and is one of the best-performing assets in 2025. Analysts predict that RBLK could rally up to 50x this year due to its constant GameFi innovations and recent explosive growth. As investors remain uncertain about Ethereum’s next move, Rollblock is seeing massive demand, and both assets are expected to play major roles in the next bull cycle.

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