Coinbase Suddenly Loves Tokens-Who Saw That Coming? 🤯

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Coinbase, the company that used to say “tokens? Nope, not for us,” has apparently had a change of heart. At BaseCamp 2025 in the quaint, snow-kissed town of Stowe, Vermont, they casually dropped the bombshell that they might-just maybe-dabble in a network token for their Ethereum layer-2 playground, Base. Because nothing says “fun in crypto” like completely flipping your previous position. 😅

On X, Coinbase cheerfully noted, “Base is beginning to explore a network token. We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance.” Translation: We have no idea what we’re doing, but we want you along for the ride.

Base is beginning to explore a network token

We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open.

– Base (@base) September 15, 2025

Previously, Coinbase insisted it would never, ever launch a token. Yet here we are. With Base now boasting near-instant, cheap transactions and a fanbase that grows faster than a toddler on sugar, the company figures a token might just sprinkle some decentralization fairy dust and get the community involved. Who could resist?

Bridge Between Base and Solana

In another plot twist, Coinbase has introduced an open-source bridge between Base and Solana. Essentially, it’s a magical conveyor belt that lets users teleport assets from one chain to the other-without the usual headaches. Users can deposit SOL into Base apps or haul Solana goodies back into Base. Builders get access to more liquidity and a bigger stage, which is basically the crypto equivalent of free snacks at a party. The bridge is live on testnet and will hit mainnet soon, so you can start practicing your cross-chain ballet.

Coinbase also waxed poetic about Base’s grand vision: a frictionless, interconnected on-chain utopia where ecosystems don’t sulk in their corners but mingle freely like at a blockchain cocktail party. 🍸

Boosting Developer Growth

The Base Batches 002 developer program is coming September 29. Designed to shepherd developers from “bright idea” to “fully launched product,” it promises mentorship, funding, and global exposure. Think of it as Hogwarts for coders, minus the wand-waving (unless you count fancy keyboards).

Earlier this year, Base Batches 001 gathered 5,000 developers from over 100 countries, handing out over $1 million in funding like candy. Meanwhile, more than a million folks have joined the Base App beta waitlist. About 40% of testers have already poked at tiny apps, generating $500,000 in developer revenue so far. Cha-ching!

So, to sum up: a token that was once forbidden, a bridge that makes chains behave, and a developer program feeding the next generation of on-chain geniuses. Coinbase is clearly aiming for a decentralized, interconnected crypto wonderland. Buckle up, folks-it’s going to be a bumpy, yet strangely delightful ride. 🎢

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2025-09-15 21:36