Standard Chartered’s Geoffrey Kendrick said Base’s profits led to Ethereum sales rather than long-term accumulation, a claim ...

According to Kendrick, Base, which has become the dominant Layer-2 on Ethereum, funnels approximately 80% of its revenue back to Coinbase. The exchange, in turn, does not hold Base's ETH profits ...

which show it holds ether (ETH) under different categories, including investment and operational purposes. He estimates that about 80% of revenue generated by Base, Coinbase's Ethereum layer-2 ...

The transition is set to begin on March 25 with Coinbase temporarily suspending deposits and withdrawals of Celo’s native token, CGLD, during the upgrade. Celo’s move to Layer-2 aims to leverage ...

Ethereum (ETH) continues ... and Ethereum’s Layer 2 ecosystem expands, bullish sentiment is on the rise. However, another highly anticipated project—Lightchain AI—is making headlines, with speculation ...

This makes it cost-effective since it reduces the load on the ETH mainnet and equally lowers the ... Since its official mainnet debut, Base (which originated from Coinbase Exchange) has become the ...

Ethereum ($ETH), the second-largest cryptocurrency in the industry, took a hit this week, dropping about 5-6% to around ...

Ethereum’s transaction fees have dropped to their lowest level since 2020, driven by increased adoption of Layer-2 networks like Base.

ETH-BTC ratio may hit 0.015 by 2027 ... cap has suffered significantly from the rise of Base, a Layer-2 blockchain developed by Coinbase COIN. The research estimates that Base alone has drained ...