Base

Coin

<ul class="news-points"> 
 <li>Leshner believes Coinbase’s involvement in the L2 space could be a game-changer.</li> 
 <li>Haseeb Qureshi highlights the rapid accumulation of value on Base. </li> 
 <li>Base has seen a surge in daily active addresses reaching up to 100,000.</li> 
</ul> 
In a recent development that has ignited conversation across the crypto sphere, a prominent crypto analyst Robert Leshner has made an interesting prediction in the <a href="https://www.youtube.com/watch?v=7NVi0J_5n4I&amp;t=1s&amp;ab_channel=UnchainedPodcast" target="_blank" rel="noopener noreferrer nofollow">Unchained podcast</a> regarding the recent <a href="https://coinedition.com/coinbase-unleashes-onchain-summer-with-base-mainnet-debut/" rel="noopener noreferrer nofollow">launch of Coinbase’s Layer 2 (L2) solution</a>, named “Base.” 
Leshner believes that Coinbase’s involvement in the L2 space could be a game-changer, and acknowledges that the crypto space has been witness to various Layer 2 solutions, but the Coinbase brand carries a unique level of credibility and trust. Leshner suggests that this association could bring more users to the L2 ecosystem, accelerating its adoption and usage. According to Leshner: 
<blockquote class="wp-block-quote is-style-default"> 
 I think it’s pretty bullish in that a couple hundred million dollars it takes a lot of L2s of a long time to get any traction at all and I think people are preemptively migrating to Base on the expectation that Coinbase will make it successful and attract&nbsp; developers and attract a lot of new applic… 
</blockquote> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-analyst-sees-coinbases-base-launch-as-highly-bullish/">Crypto Analyst Sees Coinbase’s Base Launch as Highly Bullish</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Analyst Sees Coinbase’s Base Launch as Highly Bullish

Coin Edition

Other articles published on Aug 18, 2023

Ripple News: Will Brad Garlinghouse and Chris Larsen’s Trial Impact the SEC’s Appeal?

Singapore Police Make Arrests In Scams Involving Crypto, Gambling

Injective (INJ) Price Up 4+% While Rest of the Market Bleeds

ARK Development Report - August 18, 2023

Shibarium's Surging Demand Causes $1.7M Ethereum Snag: Lead Dev Speaks Out

XRP: More Businesses Now Accepting Direct XRP Payments

Join our free newsletter for daily crypto updates!