Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including the pioneering app in the space, Friend.tech. Franklin Templeton Praises Base’s Performance, Comments … Read more

Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base

Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive step towards an on-chain financial future, setting … Read more

BASE, Ethereum Layer 2 Chain Hits $10 M In Cumulative Revenue Since Launch Date

BASE, an Ethereum Layer 2 (L2) chain, has achieved a significant milestone by surpassing $10 million in cumulative revenue since its launch in early August 2023. As a Layer-2 scaling solution developed on the Optimism technology stack, BASE provides a secure, cost-effective and developer-friendly environment for on-chain development. Thereby, contributing to its rapid growth and … Read more