Base Plans to Launch a Native Token for Its L2 – Will This Supercharge ETH’s Value?

Base drops the bomb: native token incoming for Ethereum's L2 heavyweight.

The scaling solution built by Coinbase just signaled its biggest power move yet—its own ecosystem token. This isn't just another altcoin launch; it’s a strategic play to deepen liquidity, reward developers, and maybe even stick it to the 'ETH as sole gas token' narrative.

Why this could be bullish for Ethereum

More activity on Base means more transactions settling back on Ethereum Mainnet. More demand for block space, more ETH burned—simple flywheel mechanics. If Base grows, Ethereum wins. It’s like opening more toll lanes on a highway everybody’s already using.

But let’s keep it real

Another token means another speculative asset for degens to ape into—because what’s crypto without a little hopium and a lot of leverage? If history’s any guide, this could drive short-term attention and long-term questions about value accrual. Will it complement ETH or compete? Only volume and time will tell.

One thing’s clear: Base isn’t sitting still. And neither is Ethereum.

Ethereum (ETH) Could Rise to $6,000 After Bullish Breakout

As the largest L2 on Ethereum, Base has a bright future ahead, and this would be the perfect time to launch a governance token, as Ethereum has made a new all-time high and altcoin season is just getting started.

Its association with Coinbase could also let Base users benefit from lower transaction fees if they opt to use this native asset – pretty much what Binance offers with $BNB for transactions made on the BNB Chain.

Raising capital through the launch of a network asset is also beneficial to foster ecosystem growth, as it allows the project’s founding team to hire more staff and accelerate their timetable for upgrades and secure key partnerships.

Looking at Ethereum (ETH), we can get a sense of where this whole ecosystem is going and, at the time of writing, technical indicators favor a bullish outlook even though the token has entered a brief period of consolidation.

The top altcoin has broken a long-dated resistance at $4,000 already and could now be eyeing the $6,000 upon completing a rounding bottom pattern.

Using the magnitude of the previous downturn as a reference to estimate how high ETH could go after this bullish breakout, we could anticipate a 65% gain ahead for this token. The launch of a Base network token could further strengthen the Ethereum ecosystem.

This translates into higher network activity and demand for ETH. Meanwhile, the Relative Strength Index (RSI) recently broke above the 14-day moving average, which is often interpreted as a buy signal, especially if it occurs after a key resistance breakout.

The key level to watch for ETH down the road would be $4,000 – a key support from which the token could bounce off strongly if the latest consolidation results in a pullback.

In the meantime, one of the best crypto presales of this year, Best Wallet Token ($BEST), stands to gain from the launch of Base, as its crypto wallet supports assets on this layer-2 scaling solution.

Best Wallet Token ($BEST) Is Your Ticket to Web3’s Alpha Lounge

Best Wallet Token ($BEST) is the fuel behind the Best Wallet app — a sleek Web3 wallet that is already capturing market share from the leading forces in this segment. Holding $BEST unlocks perks like reduced trading fees and premium features you won’t find in your average wallet.

But the real juice? $BEST gives you front-row access to the Upcoming Tokens hub — a gateway to some of the hottest presales in crypto before the rest of the crowd even hears about them. Swap tokens for cheap, skip the middleman, and level up your portfolio. That’s all possible with the Best Wallet app.

As more users download the solution and experience its perks, the demand for $BEST could explode rapidly. The presale is still live, which means that you’re still early to the party.

Grab $BEST at its discounted price by visiting the official Best Wallet website. Just connect your wallet and swap ETH or USDT to complete your purchase, or you can also use a bank card to check out.

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