The post Base feud with Solana goes nuclear amid talk of token launch appeared on BitcoinEthereumNews.com. Base, the blockchain that Coinbase incubated and heavily promotes, announced at its BaseCamp event this week that it is officially exploring the release of a proprietary token despite repeated promises to the contrary. That new token removes “any doubts,” according to Alexander Cutler, that Base will surpass Solana and “become the #1 largest chain in the world.” Cutler is a core contributor to two DEXs that enjoy a combined 6% market share of the decentralized exchange industry. He’s also a core contributor to Aerodrome, which provides liquidity on Base, and Velodrome, a top DEX on the Optimism network on which Base is built. All of his work obviously casts him as a biased forecaster in the eyes of social media and means he’s one of many Base influencers whose simmering feud with Solana influencers boiled over this week. Base not only enjoys the support of the world’s second-largest crypto exchange, Coinbase, but also supports memecoins, on-chain exchanges, and wrapped versions of major crypto assets like ETH. Solana also offers each of those features, meaning that Base is an obvious competitor to Solana. This is despite Base founder Jesse Pollack’s insistence that the blockchains exist as friendly, side-by-side ecosystems. ‘If they had it their way, Solana would not exist’ Arguing from the pro-Base camp, Cutler believes Base’s new native token will provide “billions of dollars of economic stimulus flowing into the Base ecosystem” and supplant Solana entirely. “If they had it their way, Solana would not exist,” wrote Solana Foundation manager Vibhu Norby in response to Cutler, clearly not mincing words.  Pollack fired back at this claim, pointing to Base’s announcement of a Solana-Base blockchain bridge as evidence of cooperation. Entirely unimpressed, Norby retorted, “You didn’t set up a single Solana partner for launch, didn’t talk to Solana Foundation marketing or… The post Base feud with Solana goes nuclear amid talk of token launch appeared on BitcoinEthereumNews.com. Base, the blockchain that Coinbase incubated and heavily promotes, announced at its BaseCamp event this week that it is officially exploring the release of a proprietary token despite repeated promises to the contrary. That new token removes “any doubts,” according to Alexander Cutler, that Base will surpass Solana and “become the #1 largest chain in the world.” Cutler is a core contributor to two DEXs that enjoy a combined 6% market share of the decentralized exchange industry. He’s also a core contributor to Aerodrome, which provides liquidity on Base, and Velodrome, a top DEX on the Optimism network on which Base is built. All of his work obviously casts him as a biased forecaster in the eyes of social media and means he’s one of many Base influencers whose simmering feud with Solana influencers boiled over this week. Base not only enjoys the support of the world’s second-largest crypto exchange, Coinbase, but also supports memecoins, on-chain exchanges, and wrapped versions of major crypto assets like ETH. Solana also offers each of those features, meaning that Base is an obvious competitor to Solana. This is despite Base founder Jesse Pollack’s insistence that the blockchains exist as friendly, side-by-side ecosystems. ‘If they had it their way, Solana would not exist’ Arguing from the pro-Base camp, Cutler believes Base’s new native token will provide “billions of dollars of economic stimulus flowing into the Base ecosystem” and supplant Solana entirely. “If they had it their way, Solana would not exist,” wrote Solana Foundation manager Vibhu Norby in response to Cutler, clearly not mincing words.  Pollack fired back at this claim, pointing to Base’s announcement of a Solana-Base blockchain bridge as evidence of cooperation. Entirely unimpressed, Norby retorted, “You didn’t set up a single Solana partner for launch, didn’t talk to Solana Foundation marketing or…

Base feud with Solana goes nuclear amid talk of token launch

2025/12/05 20:38

Base, the blockchain that Coinbase incubated and heavily promotes, announced at its BaseCamp event this week that it is officially exploring the release of a proprietary token despite repeated promises to the contrary.

That new token removes “any doubts,” according to Alexander Cutler, that Base will surpass Solana and “become the #1 largest chain in the world.”

Cutler is a core contributor to two DEXs that enjoy a combined 6% market share of the decentralized exchange industry. He’s also a core contributor to Aerodrome, which provides liquidity on Base, and Velodrome, a top DEX on the Optimism network on which Base is built.

All of his work obviously casts him as a biased forecaster in the eyes of social media and means he’s one of many Base influencers whose simmering feud with Solana influencers boiled over this week.

Base not only enjoys the support of the world’s second-largest crypto exchange, Coinbase, but also supports memecoins, on-chain exchanges, and wrapped versions of major crypto assets like ETH.

Solana also offers each of those features, meaning that Base is an obvious competitor to Solana. This is despite Base founder Jesse Pollack’s insistence that the blockchains exist as friendly, side-by-side ecosystems.

‘If they had it their way, Solana would not exist’

Arguing from the pro-Base camp, Cutler believes Base’s new native token will provide “billions of dollars of economic stimulus flowing into the Base ecosystem” and supplant Solana entirely.

“If they had it their way, Solana would not exist,” wrote Solana Foundation manager Vibhu Norby in response to Cutler, clearly not mincing words. 

Pollack fired back at this claim, pointing to Base’s announcement of a Solana-Base blockchain bridge as evidence of cooperation.

Entirely unimpressed, Norby retorted, “You didn’t set up a single Solana partner for launch, didn’t talk to Solana Foundation marketing or ops, just dropped a [GitHub] repo.”

Crypto historians quickly took notice and archived the subtextual skirmish between Base and Solana.

Read more: 90% of Jesse Pollak’s Base tokens are down bad

Planning for a Base token despite years of denials

As Protos summarized after Base unexpectedly launched BASEISFOREVERYONE on April 17, a de facto proprietary token that has crashed 88% from its high that day, Coinbase founder Brian Armstrong and Base founder Jesse Pollack swore for years that Base was opposed to any native token launch.

  • “We do not currently plan to issue a new network token.” — Coinbase, March 2023
  • “We’re not planning to make any token for Base.” — Brian Armstrong, December 1, 2023
  • “There are no plans for a Base network token.” — Jesse Pollack, November 30, 2024
  • “[Base has] no plans for a token.” — Jesse Pollack, April 9, 2025

All of that changed in the past few months. Like Solana, which conducted a traditional initial coin offering with large insider allocations for its SOL token, Base is actively exploring issuing a major token soon.

Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.

Source: https://protos.com/base-feud-with-solana-goes-nuclear-amid-talk-of-token-launch/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability

Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability

The post Vitalik Buterin Proposes Ethereum Gas Futures Market for Long-Term Fee Predictability appeared on BitcoinEthereumNews.com. Vitalik Buterin proposes an on-chain futures market for Ethereum gas, allowing users to pre-buy and lock in fees before potential price surges. This mechanism would provide long-term predictability for BASEFEE, helping developers and businesses plan transactions amid network volatility. Buterin’s vision introduces futures trading for gas, securing costs in advance for future Ethereum transactions. This system generates market-driven signals for BASEFEE evolution, reducing uncertainty in fee planning. Early projects like Oiler have tested gas derivatives, but a mature market is needed; Ethereum’s BASEFEE has fluctuated up to 200% in past cycles, per network data. Ethereum gas futures: Vitalik Buterin’s plan to pre-buy fees and stabilize costs. Discover how this on-chain market could transform transaction predictability—explore Ethereum’s future now! What is Vitalik Buterin’s Proposal for Pre-Buying Ethereum Gas? Vitalik Buterin, Ethereum’s co-founder, is advocating for an on-chain futures market that enables users to pre-buy gas at fixed prices, addressing the network’s long-standing issue of unpredictable transaction fees. This approach shifts focus from immediate cost reductions to long-term fee stability, allowing individuals and organizations to hedge against future spikes in BASEFEE. By creating a dedicated trading platform within Ethereum, Buterin aims to make gas pricing more transparent and manageable, fostering greater confidence in the ecosystem’s economic model. How Would an Ethereum Gas Futures Market Function? Ethereum’s current gas fee system relies on dynamic pricing through the EIP-1559 mechanism, where BASEFEE adjusts based on network congestion, often leading to volatility that can surge by over 150% during peak periods, as observed in historical data from the Ethereum Foundation’s reports. Buterin’s proposed futures market would operate as a decentralized exchange for gas contracts, where traders buy and sell claims to future gas units at agreed-upon prices. This market-driven mechanism would aggregate collective expectations, providing real-time signals on anticipated BASEFEE trends—such as potential increases tied…
Share
BitcoinEthereumNews2025/12/07 18:31
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21