20 Jan
20Jan

Base, the Ethereum Layer 2 network incubated by Coinbase, has unveiled an ambitious roadmap for 2025 aimed at bolstering its presence within the blockchain ecosystem. The network’s goals include onboarding 25 million users and 25,000 developers, expanding both its community and technical capabilities. Furthermore, Base plans to scale its blockspace capacity to 250 Mgas/s, enabling faster transactions while targeting $100 billion in total assets on the platform.

Base’s 2025 Strategy: Five Key Focus Areas

Base has outlined five primary focus areas for its growth in 2025:

  1. Developer Empowerment: The platform aims to support developers with open tools, including OnchainKit, and foster the creation of AI-driven apps to streamline development and adoption.
  2. On-Chain Ecosystem: Base will work to build a thriving ecosystem of on-chain applications, concentrating on distribution, monetization, and core functionalities such as social, trading, payments, and messaging.
  3. User Experience Enhancement: Base will improve its Smart Wallet to simplify onboarding, app interactions, and asset management, providing a seamless experience for users.
  4. Global On-Chain Market Hub: The network seeks to increase asset liquidity and further solidify its position as a key player in global on-chain markets.
  5. Decentralization and Scaling: Base emphasizes the importance of decentralization to create an open, global economy, pushing for the scalability of its platform within the Ethereum Superchain.

Base’s TVL Growth

Base recently hit a significant milestone, surpassing $10 billion in Total Value Locked (TVL) for the first time in November 2024. As of now, the network’s TVL has grown by over 50%, reaching $15.2 billion, according to data from L2Beat. Currently, Base ranks as the second-largest Ethereum Layer 2 network, trailing Arbitrum, which has a TVL of $18.09 billion.

Layer 2 networks have become an integral part of Ethereum’s ecosystem, with increasing adoption anticipated in 2025. According to a recent report by Fidelity, Layer 2 solutions are expected to continue to grow, with a focus on reducing transaction costs, increasing speed, and improving cross-chain interoperability. The report also highlighted Coinbase’s Base as an example of successful Layer 2 implementation, citing its development on the OP Stack by the Optimism collective.

Looking Ahead: Base’s Role in the Ethereum Ecosystem

With its strong growth trajectory and a strategic focus on scaling and decentralization, Base is poised to play an even larger role in the Ethereum ecosystem. As Layer 2 networks continue to shape the future of DeFi and blockchain infrastructure, Base’s ongoing innovations and its roadmap for 2025 highlight its potential to drive broader adoption and contribute significantly to Ethereum's evolution.

January 2025, Cryptoniteuae

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