- Aiming for $100 billion in assets by 2025, Base focuses on growing its developer community, user base, and transaction efficiency.
- Plans include onboarding 25,000 developers, reaching 25 million users, and scaling network capacity to 250 Mgas/s for seamless operations.
- Strategic partnerships with Korbit and Phantom Wallet enhance cross-chain services, boosting the platform’s position in the blockchain ecosystem.
Base, a Layer-2 Ethereum solution has set out a target to achieve $100 billion in on-chain assets by October 2025. The platform aims to achieve significant growth by focusing on three key areas. That is enhancing the number of developers, growing the user community and enhancing the efficiency of the blockchain.
Base aims to get 25,000 developers in the next two years and reach 25 million users in the next two years. Also, the blockchain will endeavor to raise its blockspace capacity to 250 million gas units per second (Mgas/s), which reflects the capacity of the network in terms of transaction processing.
Base’s Scalable Blockchain Vision
The roadmap also presents five main objectives for the Base’s further evolution. These are offering great resources to developers, expanding dApps on the platform, and enhancing user ownership through integrated accounts. Base particularly hopes that Base will lead to the formation of a liquid global capital market and further its business around the world. These strategic initiatives are intended to make the blockchain a top player in the decentralized ecosystem.
Base, which was launched by Coinbase in 2023, is a Layer-2 protocol that runs on Ethereum’s blockchain. This improves on scalability and lowers the costs yet is built on a platform as secure as Ethereum. In this way, platform is targeting developers who want to build decentralized applications on Ethereum but with a faster and more efficient network.
At the moment, Base occupies the 6th place by the total value locked (TVL) among the big blockchains, with $4.7 billion assets. This makes up 2.23% of the blockchain space as per data from DeFiLlama. Currently, Ethereum has the highest TVL at 62.67%, while the Binance Smart Chain and Solana follow. Base also has 1.15 million active addresses and a weekly activity growth rate of 2.72.
Source: DefiLlama
Strengthening Cross-Chain Connectivity
Base has also signed an agreement with South Korean crypto exchange Korbit to include its blockchain. This integration enable Korbit users to engage in multi-chain deposits and withdrawals, thus enhancing platform’s cross-chain services. With Phantom Wallet, that now fully supports Base, the ecosystem is boosted. Users can trade with ETH and USDC and exchange tokens between Base, Ethereum, Solana and Polygon networks.
Leveraging its expanding base of developers, partnerships, and a clear plan of how it will increase usage, platform is well positioned to expand rapidly in the coming years. The blockchain’s concentration on the areas of scalability, user adoption, and cross-chain coupling makes it a potent element in the ongoing crypto environment.
