#l2

Layer2 New Trends

According to Jesse Pollak, the head of the Base protocol, the team is exploring the possibility of launching a network token on BaseCamp. The Base network is considering issuing a token.

As an Ethereum Layer 2 led by Coinbase, Base has rapidly expanded its ecosystem since its launch. If the token issuance comes to fruition, it will become another major focus of the market.

Base belongs to the OP Stack ecosystem. If Base issues a token, it may drive up the narratives around other L2s like OP and ARB. Base adopts the Optimism technical architecture, and if Base issues a token, it would enhance the brand value of the OP ecosystem. As another major leading L2, the market will create a "comparative effect," attracting capital attention.