Base

Bank of America upgraded Coinbase to Buy, citing growth of its Base layer and tokenization initiatives that could boost revenue. It also warned that Binance's U.S. expansion poses a competitive threat.

Coinbase outlined a 2026 strategy prioritizing an "everything exchange" approach across crypto and equities, wider use of stablecoin payments, and expansion of onchain developer tools on Base. The plan signals a push to diversify revenue and deepen Web3 infrastructure.

Developers on Base are criticizing the network's coordination with Zora, saying a creator-coin focus is sidelining more established projects. The dispute raises concerns about platform neutrality and long-term developer trust.

Coinbase now lets users borrow up to $1 million in USDC using Ether as collateral on its Base-powered lending product. The launch arrives as onchain lending activity on Base surpasses $1.25 billion in cumulative volume.

Dromos Labs announced the launch of Aero, a unified trading system that will replace and merge Aerodrome (Base) and Velodrome (Optimism) and extend to other Ethereum chains. The overhaul is intended to consolidate liquidity and simplify trading across networks.

JPMorgan has launched JPM Coin on Coinbase’s Base to offer regulated, interest-bearing digital cash for institutional use, accelerating tokenized payments under U.S. rules.

Aerodrome and Velodrome Finance have merged under Dromos Labs to launch Aero, a unified cross-chain DEX connecting Base and Optimism. The consolidation aims to pool liquidity and streamline AMM features across both chains.