TLDR
- Base sets target of $100B on-chain assets and 25M users for late 2025
- Platform aims to expand developer base to 25,000 while boosting transaction capacity
- Currently maintains $4.7B TVL as 6th largest blockchain platform
- New partnership established with Korea’s Korbit exchange
- Phantom wallet integration adds multi-chain capabilities
Base blockchain revealed its growth strategy today, laying out plans to achieve $100 billion in on-chain assets by October 2025. The announcement, made on January 17, outlines several key targets that paint a picture of the platform’s expansion goals.
The layer-2 blockchain platform plans to build a community of 25,000 developers, creating an ecosystem of builders who can leverage Base’s infrastructure. This developer-focused approach aims to foster innovation and expand the platform’s capabilities through new applications and services.
User growth stands as another central pillar of Base’s strategy, with the platform targeting 25 million users by late 2025. This push for wider adoption comes as Base works to position itself as a mainstream blockchain solution for both developers and everyday users.
Technical improvements form a crucial part of Base’s roadmap. The platform aims to increase its blockspace capacity to 250 million gas units per second (Mgas/s), a measure that reflects the network’s ability to handle transactions efficiently and at scale.
The development strategy encompasses five core areas that Base plans to address. These include expanding tools for developers, supporting diverse on-chain applications, improving user account integration, developing global capital markets, and scaling the platform’s reach worldwide.
As a layer-2 solution built on Ethereum, Base operates with a focus on improving transaction speed and reducing costs. The platform leverages Ethereum’s security features while offering enhanced scalability, making it an attractive option for developers building decentralized applications.
Current data from DeFiLlama shows Base holding sixth position among blockchain platforms, with $4.7 billion in total value locked (TVL). This represents 2.23% of the blockchain ecosystem, placing it behind larger networks like Ethereum (62.67% TVL), Solana (9.05%), and Binance Smart Chain (3.75%).
Platform activity shows promising growth, with 1.15 million active addresses and a recent 2.72% increase in weekly activity. These metrics suggest steady adoption of Base’s services across its user base.
In a move to expand its international presence, Base recently formed a partnership with Korbit, a leading South Korean cryptocurrency exchange. This collaboration enables Korbit users to access multi-chain functionality, allowing for seamless deposits and withdrawals across different blockchain networks.
The platform received another boost through Phantom wallet’s complete integration following its beta testing phase. Users can now conduct transactions in ETH and USDC across multiple chains, including Base, Ethereum, Solana, and Polygon, enhancing the platform’s cross-chain capabilities.
Phantom’s integration brings additional features to Base users, including support for decentralized applications and NFTs. The wallet implementation includes security measures such as spam detection and transaction simulation, adding layers of protection for users.
Looking at Base’s origins as a Coinbase initiative in 2023, the platform has maintained its focus on combining security with practical functionality. The layer-2 solution continues to address common blockchain challenges while maintaining reliable operation.
Base’s current TVL of $4.7 billion reflects its growing position in the blockchain landscape. The recent increase in weekly activity points to sustained user engagement and platform growth.
The addition of partnerships like Korbit and integrations such as Phantom wallet demonstrates Base’s commitment to building comprehensive blockchain infrastructure. These collaborations support the platform’s goal of creating an accessible and efficient network.
Base’s technical roadmap, including the targeted increase in gas capacity, shows preparation for future growth. The 250 million gas units per second goal indicates the platform’s readiness to handle increased transaction volumes as user numbers grow.
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