Recent news shows that Coinbase is preparing for major strategic moves. In addition to becoming the highest CEX in the United States, it has also become one of the most anticipated projects in the world. The launch of Coinbase tokens could be an important catalyst that drives explosive growth across the entire underlying ecosystem.
Coin stocks of coin inserts tokens instead of starting the base token
Coinbase is restarting its plan to plan token shares, aiming to bring digital securities to the U.S. market. The initiative was first discussed in 2020 but was abandoned due to regulatory challenges. Now, with the SEC’s new crypto working group, Coinbase sees opportunities to integrate blockchain-based securities into traditional finance.
Source: TradingView
The move comes as the SEC has formally requested that its lawsuit against Coinbase be dismissed. The case accused the exchange of unregistered transactions, brokerage and liquidation platforms. Regulators’ decisions mark a significant shift in their approach to digital assets.
Coinbase CEO Brian Armstrong highlighted the benefits of tokenized securities and developed a regulatory framework for security tokens to drive the adoption of blockchain in traditional finance. He said in an interview with the declassified “We have no plans to launch any tokens for the base.” Emphasizing the priority of the platform is to optimize performance and reduce transaction costs at Layer 2 rather than issuing tokens. Armstrong’s goal is to settle in just under a percentage point in a second without the need for new tokens. However, his position is in stark contrast to Coinbase’s chief legal officer Paul Grewal, who suggested that Base may release a token in the future.
This week, Armstrong will join former President Donald Trump for the first ever White House crypto conference. The incident marks an important step in strengthening dialogue between the blockchain industry and U.S. policy makers.
SEC ends legal battle with Coinbase
Source: USA Today
The Securities and Exchange Commission (SEC) recently filed a lawsuit against Coinbase, marking a major event in the cryptocurrency industry. The decision, along with the end of the investigation into Robinhood Crypto and Uniswap Labs, raised many questions. Some believe this indicates a change in regulatory attitudes, while others doubt the political motivation behind the move.
Coinbase, Robinhood and Uniswap all contributed to political movements, including those related to former President Donald Trump. The timing of the SEC decision has led to speculation whether these donations have affected regulatory action. If political support for cryptocurrencies is growing, the industry can experience a more favorable legal environment in the near future.
As the SEC takes a step back, the focus is now turning to the Commodity Futures Trading Commission (CFTC) and its potential role in crypto regulation. If the CFTC has more power over digital assets, companies may face fewer legal obstacles. A clearer regulatory framework will attract more businesses and investors to the U.S. market.
Future potential of basic ecosystems
The foundation is a very promising ecosystem, constantly developing innovative products. As a layer 2 network built by Coinbase, startup tokens (formerly basic) seem crucial for future Airdrop Rewards.
Coinbase migration to tokenized coin inventory is an important step. This move could make coin tokens an official asset to the basic ecosystem. Earlier, CEO Brian Armstrong said: “We have no plans to launch any tokens for the base.” However, this is in stark contrast to the remarks of law director Paul Grewal that the base may introduce tokens in the future.
Initially, there was basically no plan to plan local tokens and rely on ETH to pay for transaction fees. However, recent reports suggest that Coinbase is considering a base of coin inventory, thus unlocking new possibilities for the ecosystem.
Tokenized coin inventory can be bridged with traditional securities using blockchain technology and location coins as basic official tokens. Given the signs of Grewal that it remains a future possibility, Armstrong’s earlier argument against the launch of a base token seems uncertain.
However, stock tokenization faces major regulatory challenges, especially from the SEC. If Coinbase successfully browses these barriers, Base could become a leading hub for decentralized financial solutions, attracting developers and users. Despite these challenges, the base continues to show steady growth. News about coin tokenization surfaced at the time, and the ecosystem saw a sharp increase in key metrics such as new wallet addresses and daily transactions. This momentum is still strong, further enhancing the base’s long-term expansion potential, especially if the coin token launch is successful.
Source: Sand Dunes
Common challenges of the advantages of the 2nd floor project and base
Layer 2 (L2) solutions have become a key trend in scaling Ethereum, improving performance and reducing transaction costs. However, the L2 project still faces major challenges. Among these difficulties, the foundation developed by Coinbase proves a clear competitive advantage over other platforms.
The L2 ecosystems (such as Arbitration, Optimism, ZKSYNC and Starknet) are fiercely attracting users and developers. This fragmentation makes it difficult for any single platform to dominate. However, the base has a major advantage because it is backed by Coinbase, one of the world’s largest crypto exchanges. It has provided a solid foundation for the foundation from the outset, with over 110 million users easily accessible in the United States alone.
One of the biggest obstacles to Layer 2 networks is the speed and liquidity of asset extraction when moving between Ethereum and L2. Many projects still require a long withdrawal time (for example, an optimistic summary takes up to 7 days to confirm). In contrast, the base is deeply integrated with Coinbase, allowing instant deposits and withdrawals with strong liquidity, giving it a great advantage over its competitors.
Although the L2 solution reduces congestion in Ethereum, the interoperability between these networks remains incomplete. Users often rely on cross-chain bridges to move assets, resulting in high costs and security risks. The base solves this problem by integrating directly with Ethereum and the main self-ecosystem, thus ensuring seamless capital flows between platforms.
Source: GrowthEpie.xyz
Ethereum’s market performance in the first quarter of 2025 was incredible, with liquidity falling sharply. Without major currency games to attract capital, many L2 projects (including foundations) face difficulties. However, the basic continued leadership revenue generation is much better than the second-tier network.
Can you basically maintain a leading position?
Despite the overall slowdown in Ethereum’s ecosystem, the base proves its strength through high adoption, deep liquidity, and direct links to Coinbase’s large user base. If it maintains this momentum, the foundation can solidify its position as a leading Layer 2 solution, paving the way for larger expansion.
Furthermore, the base has benefited from recent positive developments. The biggest concern – with the SEC’s regulatory pressure and controversy – seems to be relaxing as the U.S. government’s growing interest in supporting the growth of the crypto industry. In a more favorable regulatory environment, the base has a stronger foundation in the long run.
