Base, the layer-two Ethereum scaling protocol backed by Coinbase, has stated its intention to launch a native asset for its solution, and the crypto community is already buzzing.

At an event known as Basecamp, the network’s developing team stated that they are in the “early stages” of launching a network token. They asserted that they are still exploring how this would fit into the project’s roadmap and ecosystem growth initiatives.

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. pic.twitter.com/KUKzrfjzXT

— Base (@base) September 15, 2025

Data from DeFi Llama shows that Base’s total value locked (TVL) currently sits at $5 billion, making it the largest L2 powering the Ethereum blockchain. As a scaling solution, Base aims to reduce the cost of using the EVM by bundling transactions.

The launch of the Pectra upgrade helps it carry out this mission more effectively, as the number of blobs (datasets) that can now be included on each ETH block was increased from 6 to 8.

Network tokens like the one Base is planning to launch are typically used to reward developers for creating decentralized apps powered by this blockchain and to further decentralize the project’s governance.

Ethereum (ETH) Could Rise to $6,000 After Bullish Breakout

As the largest L2 on Ethereum, Base has a bright future ahead, and this would be the perfect time to launch a governance token, as Ethereum has made a new all-time high and altcoin season is just getting started.

Its association with Coinbase could also let Base users benefit from lower transaction fees if they opt to use this native asset – pretty much what Binance offers with $BNB for transactions made on the BNB Chain.

Raising capital through the launch of a network asset is also beneficial to foster ecosystem growth, as it allows the project’s founding team to hire more staff and accelerate their timetable for upgrades and secure key partnerships.

Looking at Ethereum (ETH), we can get a sense of where this whole ecosystem is going and, at the time of writing, technical indicators favor a bullish outlook even though the token has entered a brief period of consolidation.

The top altcoin has broken a long-dated resistance at $4,000 already and could now be eyeing the $6,000 upon completing a rounding bottom pattern.

Using the magnitude of the previous downturn as a reference to estimate how high ETH could go after this bullish breakout, we could anticipate a 65% gain ahead for this token. The launch of a Base network token could further strengthen the Ethereum ecosystem.

This translates into higher network activity and demand for ETH. Meanwhile, the Relative Strength Index (RSI) recently broke above the 14-day moving average, which is often interpreted as a buy signal, especially if it occurs after a key resistance breakout.

The key level to watch for ETH down the road would be $4,000 – a key support from which the token could bounce off strongly if the latest consolidation results in a pullback.

In the meantime, one of the best crypto presales of this year, Best Wallet Token ($BEST), stands to gain from the launch of Base, as its crypto wallet supports assets on this layer-2 scaling solution.

Best Wallet Token ($BEST) Is Your Ticket to Web3’s Alpha Lounge

Best Wallet Token ($BEST) is the fuel behind the Best Wallet app — a sleek Web3 wallet that is already capturing market share from the leading forces in this segment. Holding $BEST unlocks perks like reduced trading fees and premium features you won’t find in your average wallet.

But the real juice? $BEST gives you front-row access to the Upcoming Tokens hub — a gateway to some of the hottest presales in crypto before the rest of the crowd even hears about them. Swap tokens for cheap, skip the middleman, and level up your portfolio. That’s all possible with the Best Wallet app.

As more users download the solution and experience its perks, the demand for $BEST could explode rapidly. The presale is still live, which means that you’re still early to the party.

Grab $BEST at its discounted price by visiting the official Best Wallet website. Just connect your wallet and swap ETH or USDT to complete your purchase, or you can also use a bank card to check out.