By concentrating on developing useful tools for programmers and creating user-friendly applications, Base aspires to manage $100 billion in assets and boost its international influence significantly by the year 2025.
By January 17th, the Base blockchain unveiled its strategic goals for the upcoming years, aiming to accumulate $100 billion worth of assets processed on its chain by October 2025. The blueprint is centered around attracting more developers, broadening its user base, and enhancing the capacity of its blockchain network.
The platform aims to achieve certain milestones such as attracting 25,000 software developers, servicing 25 million users, accumulating $100 billion worth of assets on the blockchain, and boosting its transaction processing speed to 250 million gas units per second. In simple terms, “gas” in blockchain parlance is the amount of computational power needed to carry out transactions, while Mgas/s stands for the rate at which the network can handle these transactions effectively.
2025 strategic plan by Base concentrates around five main aspects as detailed in their official blog: equipping creators with necessary tools, expanding the variety of applications running on the blockchain, empowering users through unified accounts for ownership rights, fostering a global, liquid marketplace for capital, and expanding the platform to cater worldwide accessibility.
Founded by Coinbase in 2023, Base is a layer-2 solution on Ethereum (ETH). It enhances scalability and efficiency, all while utilizing ETH’s security and decentralization. By offering a quicker and more affordable platform for decentralized applications, Base provides a realistic solution for developers and users within the blockchain community.
At the moment, Base is placed sixth among prominent blockchain networks, boasting a total value locked (TVL) of approximately $4.7 billion. This equates to 2.23% of the entire blockchain market, as per DeFiLlama’s latest data. Ethereum (ETH) commands the largest share with 62.67%, followed closely by Binance Smart Chain (BNB) at 3.75% and Solana (SOL) at 9.05%. Base boasts around 1.15 million active addresses and has seen a 2.72% uptick in weekly activity recently.
More recently, Base has teamed up with the South Korean cryptocurrency exchange, Korbit, to incorporate the Base Chain into their system. With this collaboration, Korbit’s users now have the ability to make multi-chain deposits and withdrawals, thereby improving cross-chain functionality for its platform’s users.
Building on its success, Phantom wallet has now extended to Base, completing a beta phase with full integration. This means users can now conduct transactions using ETH and USDC (USD Coin), as well as swap tokens across Base, Ethereum, Solana, and Polygon (Polygon Network). The addition of Phantom to the Base ecosystem boosts functionality, enabling support for dApps and NFTs, and offering security measures such as spam filtering and transaction previews.
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2025-01-17 08:42