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Cryptocurrency News Articles
Ethereum Upgrade Propels Coinbase's BASE Network to New Heights
Mar 25, 2024 at 10:26 pm
Ethereum Upgrade Drives Surge in Coinbase's BASE Network
With the recent Ethereum Dencun upgrade, Coinbase's Layer 2 solution, BASE, has experienced a surge in popularity, attracting developers and traders back to Ethereum. BASE has now surpassed $2.2 billion in Total Value Locked (TVL), marking a 43.61% increase in just one week.
BASE Emerges as Meme Token Haven
The Ethereum Dencun upgrade has significantly reduced gas fees on Ethereum Layer 2s, making it more cost-effective for developers to launch meme tokens. BASE has emerged as a major beneficiary of this fee reduction, becoming a haven for meme tokens like TOSHI and BRIUN.
Solana's Grip on Meme Tokens Wanes
Historically, Solana has been the preferred platform for launching meme tokens due to its lower fee structure. However, with the recent gas fee reduction on Ethereum, developers and traders are returning to Ethereum, the blockchain where the meme rush originated.
BASE Network on the Rise
Coinbase's investment in BASE's development is a strategic move to leverage it as a gateway to the crypto market for its over 110 million users. The integration with Coinbase's vast user base provides an ideal environment for user acquisition.
Soulbound NFT Airdrop on BASE
Coinbase CEO Brian Armstrong initiated a soulbound NFT airdrop on BASE, potentially setting the stage for a Base token airdrop. This move further underscores Coinbase's commitment to BASE's growth.
Meme Tokens Surge on BASE
While the rally of meme coins on Solana has slowed down, their counterparts on BASE have witnessed significant growth. Meme tokens like TOSHI and Briun Armstrong (BRIUN) have recorded substantial gains in the past few days.
Tracking Token Trading Volumes
Analyst Miles Deutscher recommends tracking token trading volumes and holder counts to identify promising opportunities in the meme token space. Toshi Base, for instance, stands out due to its strong community and status as a first mover in the meme token arena.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
