$TOWNS powers the Towns Protocol, a decentralized communication platform on the Base Layer 2 blockchain, enabling programmable, encrypted group chats (“Spaces”) with on-chain memberships and governance.

Backed by a16z crypto, Coinbase Ventures, and Benchmark, with $61M raised across funding rounds.

predicting a 10x price increase to $0.85 due to strong backing and adoption metrics (e.g., 1.7M members, 460K Spaces, $9.3M in revenue). However, these are speculative and not guaranteed.