The layer of layer 2 base supported by Coinbase could soon launch a native token, according to the latest revelations of creator Jesse Pollak. This development marks a change of course after the protocol initially declared that he did not intend to launch a native token a few years ago.
In short
- The base network, supported by Coinbase, plans to launch a native token in order to strengthen the decentralization and the participation of the community.
- Jesse Pollak presented these plans during the Basecamp 2025, while remaining discreet on governance, design and launching calendar.
- The turn to a token comes after basic progress, which now deals with transactions in less than a second for less than a penny, as well as after the opening of its Blockchain battery.
- Base also announced the creation of an open source bridge towards Solana, intended to strengthen interoperability and to widen the liquidity of the ecosystem.
Coinbase envisages a native token to strengthen decentralization
On Monday, the network explained that the proposed token should improve decentralization while supporting developers and creators. During the Basecamp 2025, Pollak said that The project is still at its beginningsrefusing to share details concerning governance, design or launch date.
Over the years, Coinbase had closed the door to the revelation of a native token for the base network. Last year, Pollak said that Base did not intend to issue a native token, while praising Hyperliquid for its attention paid to the construction of products rather than in incentives related to tokens.
But now all signs suggest that Pollak and CEO Brian Armstrong have revised their position. In a recent post on X, Armstrong admitted that the company “updates its philosophy” and examines several growth possibilities. However, he noted that no final base was laid.
A basic spokesperson said that Base was initially focused on building basic products rather than the priority launch of a native token. After realizing notable advances in terms of speed and transaction coststhe network is now moving towards a launch of Token which would make it more accessible and open-source.
Now that we have reached transactions below the second and central and that we have extended our Open Source battery, we explore a network token to decentralize more and make the ecosystem more open, accessible and community.
Base
In addition, the spokesman has linked this recent movement to his objective of improving decentralization, saying that a network token could help stimulate “the basic on-chain economy”.
Base extends with a Solana bridge to strengthen interoperability and liquidity
Developed by Coinbase and launched in 2023, Base is a layer 2 blockchain that works on the Ethereum network. Since its launch, Base has become one of the most used Layer 2 channels.
According to the data from TOKEN TERMINAL, the network has recorded on average 20 million monthly active addresses During the past year. Although Basis is currently paying transactions on the ETH network, a new native token could speed up regulations on the platform and more encourage network participants.
Pollak also underlined the main vision behind the basic design, adding that the network was built to function as an “bridge, not an island”. He added that the network remains committed to progress and strengthen by becoming open and interoperable.
In this context, Pollak announced the unveiling of an open-source bridge to Solana, intended for cross-chain transactions, allowing developers and creators to benefit from a larger liquidity pool.
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