As blockchain technology continues to evolve, the demand for secure, accessible, and user-friendly wallets is greater than ever. At the forefront of this transformation is Base, an Ethereum Layer 2 blockchain built by Coinbase, which aims to bridge millions of users to the next chapter of the onchain economy.
Source: https://www.coinbase.com/en-ca/wallet
Reimagining the wallet experience, Base combines intuitive design with robust security and seamless integration, empowering users to confidently explore, trade, and participate in the rapidly expanding world of decentralized finance, NFTs, and decentralized applications. With support for a broad range of assets and a vision of making onchain activity easy and rewarding on a global scale, Base is positioned as a foundational gateway for anyone seeking to unlock the full potential of digital ownership and participation.
Are you ready to explore the next generation of crypto wallets that combine security, accessibility, and powerful features all in one place? Learn how to set up your Base Wallet today and start exploring the future of Ethereum Layer-2 with the Base App.
What Is Base Chain, Ethereum Layer-2 Network?
Base network TVL | Source: L2Beat
Base is an Ethereum Layer 2 blockchain developed by Coinbase to meet the increasing demands of decentralized networks and to make blockchain technology more accessible and efficient. Utilizing Optimistic Rollups, Base processes transactions off-chain before batching and submitting them to the Ethereum mainnet. This design relieves congestion on the main chain, lowers fees, and boosts transaction speeds, helping both developers and users benefit from faster and more economical interactions. By relying on Ethereum's robust security, Base maintains a high standard of safety and trust across its network.
According to Cointelegraph, as of early 2025, the Base network is already seeing over 2 million daily active users, more than doubling in activity from the previous quarter. When the network first launched publicly, it recorded 136,000 daily active users, with roughly 30% of them new to the Base ecosystem. Weekly active users have consistently remained above 667,000, with peak periods reaching up to 172,000 daily users as decentralized finance (DeFi) and social activity increased. As of July 2025, Base has a total value locked (TVL) of over $15 billion, making it the third-largest Ethereum scaling solution.
Base's rapid adoption is mirrored by strong network activity and financial performance. The app routinely processes over $10 million in daily transactions, with a high of $1.21 billion in volume on a single day. Its decentralized exchange (DEX) activity alone has surpassed $42 billion in total trading volume, cementing Base as a leading Ethereum Layer 2 network. On the development side, more than 500 decentralized applications (dApps) have launched on Base, spanning categories like DeFi, gaming, NFTs, and utility-based mini-apps. By the end of 2024, Base's DeFi ecosystem had captured a total value locked (TVL) of $4.1 billion, reflecting not only significant ecosystem growth but also deepening trust among users and developers alike.
Source: DefiLlama
As Coinbase continues to expand its reach, now operating in over 120 countries, supporting more than 245,000 ecosystem partners, and processing quarterly trading volumes approaching $400 billion, the rollout of the Base app signals a step-change in the company's vision. With over 8 million people engaging monthly across its platforms, Coinbase is positioning Base not just as a wallet or a tool, but as a foundational layer for the future of digital and financial life. Much like WeChat, Alipay, X (formerly Twitter), and Meta are building their own versions of "super apps," Coinbase is establishing Base as the definitive crypto-native alternative backed by the scale, security, and innovation of its Ethereum Layer 2 blockchain architecture.
What Is Base App, the Crypto Super App?
Source: https://join.base.app/
Coinbase is making a bold move to transform how we interact with cryptocurrency and the broader digital economy. With the launch of the Base app, an evolution of the Coinbase Wallet, the company is aiming to build a comprehensive, crypto-native "everything app" that fuses social networking, digital payments, trading, and access to a vast world of decentralized applications into a single, seamless user interface. This strategic shift signals a major ambition: to create the go-to hub for web3 interaction across all facets of online life.
As of early 2025, the Base network is already seeing over 2 million daily active users, more than doubling in activity from the previous quarter. When the network first launched publicly, it recorded 136,000 daily active users, with roughly 30% of them new to the Base ecosystem. Weekly active users have consistently remained above 667,000, with peak periods reaching up to 172,000 daily users as decentralized finance (DeFi) and social activity increased.
Source: https://join.base.app/
Central to the Base app experience is its interoperability and ease of use. The app supports a wide array of assets including Bitcoin, Ethereum, Solana, and Dogecoin, as well as all ERC-20 tokens and even non-fungible collectibles. With new innovations such as Base Pay, users can now complete crypto transactions through contactless NFC tap-to-pay features, powered by Circle's USDC stablecoin, bringing crypto spending into real-world retail environments, including Shopify merchant systems. A feature called "Sign in with Base" also allows users to carry their digital identity and credentials across multiple dApps and platforms, providing secure, seamless access throughout the web3 ecosystem.
Beyond financial transactions, the Base app is reimagining digital interaction through its integration with Farcaster, an open social protocol that brings true ownership and monetization to content creation. Here users can post, earn, tip, and build communities free from third-party gatekeepers or centralized ad models. Weekly rewards for top-performing content and zero-fee USDC transfers within private chats help grease the wheels of the creator economy. Enhanced communications, including end-to-end encrypted messaging and AI-powered agents for trading and personal finance tasks, make the Base app not just functional but intuitive and intelligent.
Key Features of Base Wallet
Source: https://join.base.app/
Base (formerly known as Coinbase Wallet) is now positioned as an all-in-one platform that seamlessly blends wallet functionality, trading, payments, social media, messaging, and mini apps within a single interface powered by Coinbase's Ethereum-based public blockchain. Its designed to unify a wide range of features into a single platform. It brings together wallet management, crypto trading, and payment capabilities alongside social media, messaging, and access to mini apps, all operating on Base, Coinbase's Ethereum-based public blockchain.
Users can explore the vibrant onchain ecosystem by managing their crypto, DeFi activities, NFTs, and digital assets all in one place. The wallet supports a broad range of assets, including Bitcoin, Ethereum, Solana, USDC, Avalanche, Polygon, BNB Chain, Optimism, USDT, Ripple, Dogecoin, and all Ethereum-compatible chains. Base offers an accessible home for a global crypto community, letting users earn monthly rewards by holding USDC, participating in DeFi for yield opportunities, collecting NFTs, joining DAOs, and staying updated on trending assets and price movements. With availability in over 170 countries and support for 25 languages, Base fosters worldwide participation.
The app introduces new features such as stablecoin rewards, allowing eligible users to earn up to 4.1% APY on USDC, while keeping funds accessible at any time. Base enables secure storage and transfers for millions of tokens, provides automatic NFT management, and prioritizes industry-leading security with tools like cloud backups for recovery phrases and advanced phishing protection. By unifying a comprehensive suite of features and creating a secure, intuitive experience, Base aims to make onchain participation easy and rewarding for everyone, serving as the primary gateway to the future of decentralized finance, trading, and digital community.
Furthermore, enhanced scalability ensures the network can handle growing transaction volumes, whether you're an individual or managing complex applications. The seamless link with Coinbase further broadens Base's appeal, providing direct fiat on-ramps and a gateway to millions of verified users. Within the wallet, purchasing tokens is straightforward, enabling quick access to the diverse opportunities within the ecosystem.
How to Get Started with the Base Wallet App: A Step-by-Step Tutorial
Base is designed to be a builder-friendly blockchain and a user-centric ecosystem, setting the stage for mass adoption of on-chain applications and establishing a foundational pillar for the future of decentralized technology. Joining the Base community opens the door to a secure, efficient, and engaging experience in the evolving world of Ethereum Layer 2. Here's a clear step-by-step tutorial to get started with the Base App:
Step 1: Join the Waitlist
Begin by securing your spot for early access. Go to https://join.base.app/ and enter your information to sign up for the Base App waitlist. This ensures you're among the first to experience all the features when access is granted.
Step 2: Download the Base App (Formerly Coinbase Wallet) on iOS
Once you've signed up for the waitlist, download the Base App for your iPhone or iPad. Visit the Base App iOS Store page and tap "Get" to install the app on your device.
Step 3: Set Up Your Account
Open the Base App after installation. Follow the on-screen prompts to create a new wallet. You will be guided to securely save your twelve-word recovery phrase, write it down and store it safely, as this is your backup to access your wallet if you lose your device.
Step 4: Secure Your Wallet
Set a strong password or PIN to protect your wallet on your device. If your phone supports it, you can enable biometric authentication (such as Face ID or fingerprint) for added security and convenience.
Step 5: Fund Your Base Wallet
To use Base and interact with decentralized apps or make transactions, you'll need to fund your wallet with ETH. Go to a secure platform like BingX to buy ETH and transfer the assets directly to the Base wallet app.
--https://bingx.com/en/spot/ETHUSDT
Step 6: Explore and Use the Base Ecosystem
With your account set up and funded, you can now explore the wide range of features, including trading, payments, messaging, and using mini-apps on the Base App.
By following these steps, you'll be ready to join the Base ecosystem, such as trading Base memecoins, manage your digital assets, and interact with the latest web3 applications right from your mobile device.
Conclusion
Base has rapidly distinguished itself as not just a wallet, but a cornerstone for the emerging global onchain economy. By marrying powerful scaling technology with an unwavering focus on security, openness, and usability, Base is poised to catalyze widespread adoption of blockchain applications, underlying a new era of innovation, creativity, and digital empowerment. As the ecosystem continues to grow and mature, Base invites users and developers alike to participate in shaping an open, inclusive, and sustainable future for the decentralized web.