The long-awaited next chapter for the Base ecosystem was introduced at Coinbase's "A New Day One" event. With the new product suite, Coinbase is striving to improve cryptocurrency usage and experience in daily life.
Coinbase's new products fundamentally upgrade how users interact with cryptocurrency. These upgrades focus on two closely monitored trends: social trading and transaction speed, both integrated into a coordinated vision.
Base App Replacing Coinbase Wallet: What Users Need to Know
Amid growing demand for seamless, social, and integrated cryptocurrency experiences, Coinbase's Base project is targeting consumer-first on-chain usability.
At the center of the upgrade is Base App, the renamed version of Coinbase Wallet, now launched as an "all-in-one app." It aims to simplify user operations across trading, payment, messaging, and social interaction domains.
"Coinbase Wallet has evolved. Base App is your new on-chain home to post, earn, trade, chat, and connect," wrote Brian Armstrong, Coinbase CEO.
Built on Coinbase's Ethereum Layer-2 network, the new app reflects a shift towards a more immersive, chain-native ecosystem. Base App serves as the primary gateway for users into the Base ecosystem, currently organized into three core components:
- Base Chain – Ethereum L2 network
- Base Build – development toolkit; and
- Base App – consumer-facing portal
Users on the waitlist have had access to the Base app since July 16, albeit in beta version, with the app introducing a Farcaster-powered social feed where users can tokenize posts using Zora.
They can also receive tips or sales revenue and earn weekly interaction rewards. Users can view friends' transactions in real-time, perform token swaps directly in the feed, and explore embedded mini-apps from games to prediction markets.
The app also includes XMTP-encrypted messaging, AI agents for on-chain interactions, and one-touch USDC payments via NFC.
Registered users will receive a Base Account, a smart wallet tracking them across chains and apps. The platform also introduces Base Pay, Coinbase's new payment service, enabling instant USDC transactions. It launches with Shopify merchants, with USD cashback rewards to be implemented later.
Although initial rewards will be limited to EU and Canada, Coinbase says the implementation is designed to make cryptocurrency usage as simple as opening an app.
However, not everyone is impressed with the new Base app, with one critic criticizing it as an "unfit product."
Flashblocks Accelerates Base to Become Fastest EVM Network
Supporting the app's ambitions is a major performance upgrade, launching Flashblocks. This is a new feature reducing Base's block time effectively from 2 seconds to just 200 milliseconds.
According to the development team, this tenfold acceleration makes Base the fastest EVM-compatible chain in the current ecosystem.
Built in collaboration with Flashbots, Flashblocks transmits sub-blocks every 200ms to nodes.
The launch is expected to improve user experience across the Base ecosystem and provide high-frequency use cases like real-time transactions, social network interactions, and AI agent interactions in Base App. However, some believe the Base chain could further improve scalability.
"Base from 2s to 200ms is like going from walking to running… need to run faster," wrote Louder, a prominent X user.
Nevertheless, with these coordinated deployments, Coinbase is demonstrating its commitment to leading the on-chain future through infrastructure and user experience.
Amid the excitement about Base's next chapter, Coinbase's stock, COIN, has reached $400 for the first time, marking a new All-Time-High (ATH).
At the time of writing, COIN is trading at $397.99 pre-market, down 0.053%. Meanwhile, Base TVL (Total Value Locked) has risen to an All-Time-High of over $4 billion.
Base TVL. Source: defillamaAt the time of writing, Base TVL is $4.021 billion, increasing over 18% in July 2025.
The long-awaited next chapter for the Base ecosystem was introduced at Coinbase's "A New Day One" event. With the new product suite, Coinbase is striving to improve cryptocurrency usage and experience in daily life.
Coinbase's new products fundamentally upgrade how users interact with cryptocurrency. These upgrades focus on two closely monitored trends: social trading and transaction speed, both integrated into a coordinated vision.
Base App Replacing Coinbase Wallet: What Users Need to Know
Amid growing demand for seamless, social, and integrated cryptocurrency experiences, Coinbase's Base project is targeting consumer-first on-chain usability.
At the center of the upgrade is Base App, the renamed version of Coinbase Wallet, now launched as an "all-in-one app." It aims to simplify user operations across trading, payment, messaging, and social interaction domains.
"Coinbase Wallet has evolved. Base App is your new on-chain home to post, earn, trade, chat, and connect," wrote Brian Armstrong, Coinbase CEO.
Built on Coinbase's Ethereum Layer-2 network, the new application reflects a shift towards a more immersive, on-chain ecosystem. Base App serves as the main gateway for users to enter the Base ecosystem, currently organized into three core components:
- Base Chain – Ethereum L2 network
- Base Build – development toolkit; and
- Base App – consumer-oriented gateway
Waitlist users have had access to the Base application since July 16, albeit in beta version, with the application introducing a social feed supported by Farcaster where users can Tokenize posts using Zora.
They can also receive tips or sales revenue and earn weekly interaction rewards. Users can view friends' transactions in real-time, perform Token Swaps directly in the feed, and explore mini-applications from games to prediction markets.
The application also includes encrypted messaging via XMTP, AI agents for on-chain interactions, and one-touch USDC payments via NFC.
Registered users will receive a Base Account, a smart wallet tracking them across chains and applications. The platform also introduces Base Pay, Coinbase's new payment service, enabling instant USDC transactions. It launches with Shopify merchants, with USD cashback rewards to be implemented later.
Although initial rewards will be limited to EU and Canada, Coinbase says the implementation is designed to make cryptocurrency usage as easy as opening an app.
However, not everyone is impressed with the new Base app, with one critic criticizing it as an "unfit product."
Flashblocks accelerates base chain to fastest EVM network
Supporting the app's ambitions is a major performance upgrade, launching Flashblocks. This is a new feature that effectively reduces Base's block time from 2 seconds to just 200 milliseconds.
According to the development team, this tenfold acceleration makes Base the fastest EVM-compatible chain in the current ecosystem.
Built in collaboration with Flashbots, Flashblocks transmits sub-blocks every 200ms to nodes.
The launch is expected to improve UX across the Base ecosystem and provide high-frequency use cases like real-time transactions, social media interactions, and AI agent interactions in Base App. However, some believe the Base chain could further improve scalability.
"Base from 2s to 200ms is like going from walking to running… needs to sprint," wrote Louder, a prominent user on X.
However, with these coordinated deployments, Coinbase is demonstrating a commitment to leading the future on-chain through infrastructure and user experience.
Amid the excitement about Base's next chapter, Coinbase's stock, COIN, has reached $400 for the first time, marking a new All-Time-High (ATH).
At the time of writing, COIN is trading at $397.99 pre-market, down 0.053%. Meanwhile, Base TVL (Total Value Locked) has risen to an All-Time-High of over $4 billion.
Base TVL. Source: defillamaAt the time of writing, Base TVL is $4.021 billion, increasing over 18% in July 2025.
