With a focus on developer tools and easy-to-use apps, Base aims to reach $100 billion in assets and a stronger global presence by 2025.
On January 17, the Base blockchain outlined its plan for the year, targeting $100 billion in on-chain assets by October 2025. The roadmap focuses on increasing developer participation, expanding the user base and improving of the scalability of the blockchain infrastructure.
The platform has set specific goals, including onboarding 25,000 developers, onboarding 25 million users, acquiring $100 billion on-chain assets, and increasing blockspace capacity to 250 million gas units per second (Mgas/s). In blockchain terminology, ‘gas’ represents the computing resources required to execute transactions, while Mgas/s measures the network’s ability to process transactions efficiently.
Base’s 2025 strategy focuses on five key areas outlined in its official blog: providing tools for builders, developing a wide range of onchain apps, increasing user ownership through integrated accounts, establishing a liquid global capital market and scaling the platform so that it is accessible worldwide. .
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Founded by Coinbase in 2023, Base is a layer 2 solution on Ethereum (ETH). It improves scalability and efficiency while leveraging the security and decentralization of ETH. By providing a faster and more cost-effective platform for decentralized applications, Base provides a practical solution for developers and users in the blockchain space.
Base currently ranks sixth among major blockchain platforms, with a total value of $4.7 billion (TVL), which represents 2.23% of the blockchain ecosystem, according to DeFiLlama. ETH leads the ecosystem with a dominance of 62.67%, followed by Binance Smart Chain (BNB) with 3.75% and Solana (SOL) with 9.05%. Base has 1.15 million active addresses and recently reported a 2.72% increase in weekly activity.
TVL share per chain | Source: DefiLlama
In a recent development, Base partnered with South Korean crypto exchange Korbit to integrate the Base Chain into its platform. This integration allows Korbit users to make deposits and withdrawals across multiple chains, improving cross-chain functionality for the platform’s users.
Additionally, Phantom Wallet has been extended to Base, allowing for full integration beyond a beta phase. This allows users to transact in ETH and USDC (USDC) and exchange tokens between Base, ETH, SOL and Polygon (POL). Phantom’s integration enhances functionality within the Base ecosystem, supporting dApps and NFTs while providing security features such as spam detection and transaction simulation.
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Credit : cryptonews.net
