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Base Targets $100B TVL, 1 Billion Transactions by October 2025

18 January 2025
in Blockchain, News
Reading Time: 3 mins read
112 1
Home News Blockchain

Base has unveiled an ambitious growth strategy for the new year aimed at significant expansion of its ecosystem, including achieving $100 billion in on-chain assets by 2025.

The Layer 2 blockchain, which currently holds $4.7 billion in total value locked (TVL) and ranks sixth among major blockchain platforms, is targeting substantial growth in multiple areas. Its plan, which was shared in its official blog published on January 16, 2025, encompasses five core areas: providing robust developer tools, supporting diverse on-chain applications, advancing user ownership through integrated accounts, developing liquid global capital markets, and enhancing platform scalability for worldwide access.

In addition to its $100 billion TVL goal, Base’s goals include attracting 25,000 developers, building a user base of 25 million, scaling its blockspace capacity to 250 million gas units per second (Mgas/s), and attaining the milestone of 1 billion transactions on Base in October 2025.

Founded by Coinbase in 2023, the Ethereum scaling solution made a name for itself by becoming one of the fastest-growing crypto platforms. In just 226 days after its launch, it reached $1 billion in total value locked (TVL). By November 28, 2024, Base had processed 11.4 million transactions—up from 263,000 the previous year—and achieved an average of 132.50 daily transactions per second (TPS), surpassing its earlier record of 106.86 TPS.

READ MORE: What’s Driving the Rapid Growth of Coinbase’s L2, Base?

Meanwhile, Jesse Pollak, head of Base and Coinbase Wallet, recently revealed that the team is exploring adding COIN to the Layer 2 network in 2025. He noted that discussions are ongoing, with regulatory clarity being a key requirement for a safe and compliant rollout.

Pollak emphasized that COIN is technically available to non-U.S. citizens via tokenization platforms like Backed but stressed that broader access hinges on advancements supporting open on-chain platforms. While no definitive plans exist, Pollak described the potential integration as transformative, marking a significant step forward for Coinbase and Base.

 

If you want to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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