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Base Eyes $100B in Assets and 25M Users On-Chain in 2025

Coinbase’s Base Layer 2 chain sets “big, hairy, audacious” goals for this year.
By: Leo Jakobson
Base Eyes $100B in Assets and 25M Users On-Chain in 2025

Coinbase’s Ethereum Layer 2 blockchain laid out a roadmap of its vision and strategy for the coming year on Jan. 16. It is, in Base’s own words, “big, hairy and audacious.”

To start with, Base wants to reach $100 billion in on-chain assets by the end of the year. It currently has $3.8 billion in total value locked (TVL), according to DeFiLlama.

Base is also aiming for 25 million users by the end of the year. It currently has 1.27 million active daily users, according to Dune.

That puts Base fourth by active addresses and sixth by total value locked, according to DeFiLlama.

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Chains TVL - Source: DeFiLlama

Of course, that’s only in the short term. Base’s long-term goal, it said, is “to bring a billion people onchain.”

It also wants to see one billion transactions on the chain by October.

All that will take a lot of work. So this year, it’s starting with the user experience.

“One of the biggest pieces of feedback we consistently hear is that it’s still too hard to join this new economy,” Base said in its 2025 mission, vision and strategy document. “This year, we’re focused on simplifying the message, making the products just work, and bringing the whole world onchain.”

Another arm of its strategy is to build a community of 25,000 developers on Base. It’s a topic Coinbase has been discussing regularly.

Coinbase head of consumer products Max Branzburg said in a recent podcast about the company’s new bitcoin-backed loans, “as more people are building on Base, we’ll find ways to bring Coinbase users to those builders.”

Finally, it wants to increase block space capacity to 250 Mgas/s. This is a measure of a network’s ability to process transactions efficiently. The higher the gas capacity, the more simultaneous operations can be performed on the blockchain.

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