🚨ADOPTION: HUGO PHILION PREDICTS 500% GROWTH FOR $XRP ON FLARE@FlareNetworks cofounder Hugo Philion (@HugoPhilion) predicts a 500% surge in XRP liquidity on Flare, with FXRP (wrapped XRP) nearing $200 million and targeting $1 billion soon.Key drivers include daily inflows from the $XRP Ledger, exclusive spot trading on @HyperliquidX, staking via the @XamanWallet, and adoption by firms such as VivoPower and Everything Blockchain.Integrations with @Morpho, Mystic for lending, and@Coinbase's Base ($4.2B TVL) b ...

🚨JUST IN: BNB CHAIN DOMINATES THE AI AGENT SECTORHighlighted by @cz_binance himself, @BNBChain boasts more registered AI agents using the ERC-8004 standard than any other network.$BNB has 34,278 registered ERC-8004 AI agents while @Coinbase's @base has only 16,549.Despite the market pullback, BNB Chain appears to be growing on nearly all fronts.Source: The Defiant ...

🚨LATEST: IS PUMPFUN MOVING AWAY FROM SOLANA?!According to @SolanaFloor, OG token launcher @pumpfun has registered for multiple subdomains relating to non-@Solana networks such as...@BNBChain@Ethereum@Coinbase's @Base@MonadIt has also removed 'Solana' as its location on X/Twitter.Cross-chain expansion incoming? ...

🚨JUST IN: TRUSTWALLET ROLLS OUT ADDRESS POISONING PROTECTIONLeading self-custody wallet @TrustWallet has today rolled out a new feature to protect its users from one of crypto's most prolific scam mechanisms.Address poisoning involves tricking users into sending funds to illicit addresses posing as legitimate ones. $TWT says the scams have already resulted in over $0.5 billion worth of losses.The feature is for now supported across some 32 EVM-compatible chains including @BNBChain, @Ethereum, @0xPolygon and ...

What are folks building on @base this week?Base (@base):What are folks building on @base this week? ...

Core Viewpoint - Base, the largest chain in the OP Stack Superchain, is transitioning to an independent codebase, moving away from Optimism's technology, which has significant implications for its economic future and operational control [2][6]. Group 1: Company Developments - Base announced it will consolidate its sequencer, proofs, and core infrastructure into a single Base-managed repository, moving away from reliance on Optimism's tech stack [2][3]. - The new stack will replace Optimism's optimistic proofs with Base-specific TEE/ZK proofs, and Optimism will be removed from the Base Security Council [3]. - Base has historically generated over 90% of the Superchain's total revenue, indicating its critical role in the ecosystem [6]. Group 2: User Impact - There will be no disruption for end users during this transition, although node operators will need to migrate to the new base/base releases [4]. - The mission of Base remains focused on creating a secure, low-cost, developer-friendly environment for building on-chain applications [5]. Group 3: Market Position - Base currently holds a total value locked (TVL) of $3.85 billion and is the dominant Layer 2 by activity, which positions it favorably for future growth and control over its economic destiny [8].

Breaking: Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift@cryptauxmargaux reports:https://t.co/Ts3MH2fbRw ...

Core Insights - Base, the Ethereum Layer-2 network developed by Coinbase, has experienced a significant decline in its total value locked (TVL), dropping from approximately $5.3 billion in January to around $3.9 billion, a decrease of $1.4 billion in recent weeks [1][2]. Group 1: TVL and Market Dynamics - The decline in TVL is a critical indicator of capital activity and developer confidence within blockchain ecosystems, although fluctuations are common among Layer-2 networks, especially during market rotations or liquidity shifts [3]. - As liquidity tightens, Base is facing heightened criticism from various stakeholders, including founders, investors, and Coinbase leadership, indicating a challenging environment for the network [3]. Group 2: Perspectives on Growth and Strategy - Jesse Pollak, the creator of Base, views the current situation as part of a typical growth cycle for rapidly scaling ecosystems, emphasizing that the remaining builders will shape the future of the network [4]. - This perspective aligns with the belief among infrastructure teams that initial growth often attracts speculative capital, followed by a consolidation phase before further development [5]. Group 3: Criticism of Strategic Direction - Some founders and investors argue that the challenges faced by Base are more strategic than cyclical, with specific criticism directed at the rollout of the Base App, which was perceived as misaligned with user needs [6]. - Investor Mike Dudas has echoed these concerns, noting that the Coinbase Wallet's strategic pivots have shifted its focus away from being a comprehensive on-chain hub [6].

Core Insights - Coinbase has 12 products generating annualized revenue exceeding $100 million each, indicating strong financial performance and product demand [1] - Among these products, Base is highlighted as a contributor to this revenue, suggesting its potential for growth [1] - The company emphasizes that Base is still in its early stages, indicating further development and opportunities ahead [1]

Financial Data and Key Metrics Changes - In 2025, total revenue reached $7.2 billion, a 9% year-over-year increase [14] - Subscription and services revenue hit $2.8 billion, up 23% year-over-year, and more than 5.5 times higher than the peak in 2021 [14][16] - Q4 total revenue was $1.8 billion, down 5% quarter-over-quarter [17] - Q4 transaction revenue was $983 million, down 6% quarter-over-quarter, while subscription and services revenue was $727 million, down 3% quarter-over-quarter [18] - Adjusted EBITDA in Q4 was $566 million, and adjusted net income was $178 million [19] - The company ended the year with $11.3 billion in cash and cash equivalents, and total available resources of approximately $14.1 billion [20] Business Line Data and Key Metrics Changes - The company has 12 products generating over $100 million in annualized revenue, with half of those exceeding $250 million [17] - Subscription and services revenue reached all-time highs, up 5.5 times from the peak in 2021 [16] - Derivatives volume and revenue hit all-time highs in Q4, indicating strong growth in this segment [9] Market Data and Key Metrics Changes - Global trading volume and market share doubled year-over-year, reaching new all-time highs [3] - The crypto market cap was down 11% quarter-over-quarter, but the company outperformed the market on total trading volume [16] Company Strategy and Development Direction - The company aims to grow the Everything Exchange, which integrates various asset classes including crypto, equities, and commodities [8] - Focus on scaling stablecoins and payments, with USDC reaching an all-time high market cap of about $75 billion [10] - The strategy includes bringing the world on-chain, emphasizing DeFi and self-custodial wallets [12] - The company plans to continue investing in its product offerings and expanding its market presence internationally [4][10] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about regulatory clarity and the growth of crypto adoption [3] - The company is prepared for market volatility and has diversified its revenue streams [16] - Management believes that stablecoins will become the default payment method for AI agents [11] - The company is confident in its ability to drive growth through its diversified revenue base and strong balance sheet [23] Other Important Information - The company has repurchased $1.7 billion of its common stock to offset dilution from stock-based compensation [20] - The company is exploring a Base token and improving developer tools to incentivize builders on the Base platform [28] Q&A Session Summary Question: Are you making any headway on positive outcomes regarding the CLARITY Act? - Management is optimistic about progress on the CLARITY Act and believes there is a good path to a positive outcome [24] Question: What percentage of overall subscription and services revenue do you expect Layer 2 activity from Base to contribute in 2026? - Base revenue is monetized both directly and indirectly, but no specific forecast was provided [26] Question: What product or platform initiative are you most excited about that investors may be underestimating today? - Management highlighted the Everything Exchange and stablecoin payments as key initiatives with significant growth potential [29] Question: Could your economic relationship with Circle change depending upon language in a market structure bill? - Management does not foresee any changes to the economic relationship with Circle due to the market structure legislation [34] Question: How does Coinbase think about the opportunities in larger scale buybacks and M&A? - The company is focused on buybacks and opportunistic M&A, having completed 10 acquisitions in 2025 [37] Question: Can you talk about your 2026 spending plans? - The company plans to maintain flat expenses in Q1 2026 while being nimble in response to market conditions [44] Question: Was the Coinbase issue just a tech mishap and not a more severe issue? - A technical issue caused brief interruptions for some users, but trading remained unaffected [48] Question: How should we think about the strength of the casual crypto trader in this winter? - Retail consumers tend to hold through price declines and are currently net buyers [67]