TL;DR: Today at BaseCamp 2025 in Stowe, Vermont, we shared an update: Base is beginning to explore a network token. As we begin this exploration, we’re sharing this shift in philosophy early as part of our commitment to building in the open, but we have no definitive plans to share at this time. We also announced a Base-built open-source bridge between Base and Solana that will allow interoperability between the two chains. Plus, new features that will make it easier to build, grow, and earn on Base, including: Base Batches 002 helping builders turn ideas into reality, more features in Base app beta, and a new Base Build dashboard for builders to grow & earn.
Until now, Base had not considered issuing a network token.
When Base launched, our priority was clear: To build a secure, low-cost, developer-friendly chain and ecosystem. Launching a token wasn’t necessary to reach those goals, and we wanted to focus on the core product.
This year, we’ve achieved our north star of sub-second, sub-cent transactions, and we’ve expanded beyond a chain into an open stack that makes it simple for anyone to build, trade, and earn onchain.
As we look toward building a global onchain economy, we believe it should be open and accessible. As the ecosystem has grown and community participation has deepened, it’s made us reconsider our philosophy. Exploring a network token is one path toward making our vision of a global onchain economy real, and a Base network token has the potential to accelerate Base’s decentralization and expand opportunities for builders and creators across the ecosystem.
We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance. As we consider the possibilities, we have three commitments to the community:
If and when we move forward with a token, it will be grounded in principles, values, and in alignment with our long-term mission: to build a global economy that increases innovation, creativity, and freedom.
At BaseCamp, we also shared major updates on how we’re helping the ecosystem move forward. Overall, our goal is to make Base the best place to build, grow, and earn.
We believe Base should be a bridge, not an island. We can’t bring the world onchain if everyone is building separate, siloed ecosystems. We want Base to be a hub for the entire onchain economy — the everything chain where you can do anything — from payments, to trading, to building apps, to posting on socials.
We also believe that a global economy must be interoperable and connected. Users should be able to discover new apps, try new things, and unlock value wherever it exists, and builders should be able to reach users across chains seamlessly.
That’s why we’re excited to announce a bridge between Base and Solana.
The bridge lets you move seamlessly across chains by bridging your assets between ERC20 and SPL tokens, so you can do things like:
This means builders can tap into more users and liquidity, and users can access the global onchain economy more easily.
The bridge is now open-source on Github and available on testnet, and it’ll be live on mainnet in the next few weeks.
This is just the beginning. Our goal is for Base to be an interoperable hub for the global onchain economy, and we’ll be adding support for more chains in the future.
We know it can be hard to get started. We created Base Batches to provide a clear pathway for any builder to take an idea, turn it into a product, and then grow that product into a business.
Earlier this year, Base Batches brought together 5,000+ developers from 100+ countries. Out of those, 77 teams made it to the finals, received mentorship, and earned a spot at our inaugural demo day. We awarded over $1 million in funding.
Base Batches gives new projects the stage, tools, and community they need to build a useful app, reach quality users, and grow fast.
Base Batches 002 launches September 29. Here’s what’s new this time around:
Go tobasebatches.xyz to learn more and apply.
This summer we launched the Base app, an everything app that brings together social networking, app discovery, chat, payments, and trading in one place. Since we launched on an invite-only beta in July, the waitlist has grown to over 1 million people, and we’re thrilled to see creators earning when they use the app. So far, over $500K+ in creator earnings have been paid out, and over 50% of users who posted have earned.
The Base App is designed not just for users, but for builders: it gives you direct distribution to millions of people and makes it easy to launch, test, and grow your app from day one. That means builders who publish to the Base App can instantly tap into a community of users who are engaged, earning, and looking for new experiences.
We’re still refining the new app experience, and we’re constantly listening to feedback, making improvements, and shipping updates. Since July, we’ve shipped:
Join the waitlist for Base App here: https://join.base.app/
We’re expanding access every week and plan to open the app to everyone later this year. If you’re building on Base, now is the time to start building mini apps so you’re ready. Over 40% of Base app beta users are engaging with mini apps already.
And to make building mini apps easier, we launched Base Build, a hub for builders to get user analytics, distribution, and rewards. You can view metrics like active users, session time, which of your acquisition channels are working best, plus claim $500 in free gas credits, with more builder rewards coming soon. If you’re building a mini app, head over tobase.dev to register it today.
BaseCamp is all about connecting the community, reflecting on our progress, and working to build together towards a better future. We’re going to be sharing updates from BaseCamp on X throughout the week. Watch along, send us your feedback, and keep building.