Base Layer-2: On-Chain Narrative Heats Up, Says BitMart Research

BitMart Research analyzes Base's explosive growth, narratives, and institutional alignment, highlighting its transition into a foundational on-chain layer.

Yo, crypto fam! Ever heard of Base? According to BitMart Research, this ain't just another flash in the pan. It's morphing into a serious player in the on-chain game. Let's dive into what's poppin'.

Base Ecosystem: From Speculation to Foundation

Since May 2025, Base has exploded, seeing mad growth in daily active addresses, TVL, and transaction volume. We talkin' a real surge, fueled by trending narratives and institutional interest. Circle's IPO brought back stablecoin hype, making Base a hot spot for traditional institutions lookin' to dip their toes into Web3.

Trending Projects: Virtual and Kaito Lead the Charge

Virtual: The Launch Narrative

Virtual is the talk of the town, using a fresh token launch mechanism to pull in capital and users. Its token, VIRTUAL, saw a 400% jump. Key features include ultra-low fundraising prices, linear token vesting, low participation risk, and reduced rug-pull potential. But, early users were quick to dump tokens, leading to a price dip. The "Green Lock" mechanism was introduced to curb this, but it cooled off the initial hype.

Kaito: The Attention Economy

Kaito's killin' it in the InfoFi sector, with its token price up nearly 205% since May. Its Yaps module tokenizes user attention by rewarding content creators on X. By incentivizing quality content around trending projects, Kaito's built a Web3-native influence model, boosting community engagement. Weekly airdrops and leaderboard rewards keep users engaged and attract thought leaders.

Coinbase's Three-Pronged Strategy for Base

With the GENIUS Stablecoin Act passin', Coinbase is makin' big moves. Their strategy revolves around three key areas:

1. Regulated On-Chain Asset Access: Coinbase is bridging balances to Base with the Verified Pools feature, letting KYC-verified users interact with Base dApps directly from their Coinbase accounts.
2. Compliant Stablecoin Ecosystem: Partnering with Wall Street giants like JPMorgan Chase to pilot compliant stablecoins and deposit tokens, fully custodied by regulated banks with traditional financial benefits.
3. Diverse On-Chain Ecosystem: Expanding the Base ecosystem with applications like on-chain U.S. stock trading, Circle Payments Network (CPN) integration, global crypto payments with Shopify and Stripe, compliant DeFi, and AI Agents.

Coinbase is building a regulated on-chain asset highway and a value loop for USD stablecoins.

High-Potential Projects to Watch

• Aerodrome: The flagship DEX on Base, set to benefit from institutional liquidity flows.
• Uniswap: Another DEX integrated by Coinbase, gaining increased on-chain liquidity.
• Keeta: A high-performance RWA-focused chain, expected to collaborate with Base on compliant RWA integration.
• Creator Bid: Partnering with Kaito, Creator Bid is expanding creator economy models.
• Upside: A socially driven prediction market on Base, blending prediction and content mechanics.

The Bottom Line

Base is evolvin' from a high-activity trading L2 into a structurally complete financial and content infrastructure. From innovative projects like Virtual and Kaito to Coinbase's push for a USD-denominated ecosystem, Base is becoming a bridge between traditional capital and Web3. It's not just a hotspot; it's a vital reference point for the crypto industry's move towards compliance and utility.

So, keep your eyes peeled, folks. Base is one to watch. And who knows, maybe we'll all be tradin' tokenized Apple stock on-chain before you can say "decentralization." Peace out!