COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Arthur Cheong Predicts Base Will Surpass Coinbase’s Volume
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Blockchain News > Arthur Cheong Predicts Base Will Surpass Coinbase’s Volume
Blockchain News

Arthur Cheong Predicts Base Will Surpass Coinbase’s Volume

In Brief

  • Arthur Cheong predicts Base will outperform Coinbase in transaction volume.

  • Base leads Ethereum layer-2 solutions in total value locked.

  • Cheong believes DeFi and memecoins will grow together, creating opportunities.

İlayda Peker
İlayda Peker 7 months ago
Share
SHARE

Arthur Cheong anticipates an increase in transaction volume for Base, Coinbase’s Ethereum $2,573-based layer-2 scaling solution. As the CEO of DeFiance Capital, Cheong predicts that the decentralized exchange (DEX) volume on Base will surpass that of Coinbase’s centralized exchange (CEX) within six to twelve months.

Contents
Cheong’s ForecastFuture Expectations

Cheong’s Forecast

Cheong believes that Base represents “the future of Ethereum.” He also thinks that the DeFi sector will grow alongside memecoins. He stated, “Am I the only crazy one who believes in the simultaneous occurrence of the DeFi Renaissance and the memecoin supercycle?”

According to the decentralized finance data platform DeFiLlama, Base has become the largest Ethereum layer-2 solution, surpassing Arbitrum in terms of total value locked (TVL). TVL refers to the amount of cash invested in a protocol’s smart contracts and is used to measure the health of the crypto ecosystem.

Future Expectations

With a current TVL of 2.45 billion dollars, Base exceeds Arbitrum’s TVL of 2.404 billion dollars. Projects with more TVL than Base include Binance Smart Chain (BSC), Solana $172, Tron, and Ethereum. Coinbase launched Base last year, emphasizing that there was no network token issuance for layer-2 in its early days.

Cheong’s predictions provide a positive outlook for Base’s rise in the crypto market. The adoption of Ethereum’s layer-2 solutions could contribute to the overall growth of the DeFi ecosystem.

If the expected long-term growth materializes in a regulatory environment that has also softened, it wouldn’t be surprising for Coinbase to issue tokens to attract more capital. Therefore, days with BASE Token may be seen in the future. Looking ahead, the potential for popular applications in the network to attract more liquidity and increase their value is a more predictable forecast if the network grows.

Arthur Cheong’s predictions offer significant insights into Base’s future role. The simultaneous growth of DeFi and memecoins could create new opportunities in the crypto market.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Vera Capital Aims to Enhance Real Estate Access with $1 Billion Tokenization Initiative

Belarus Sets Bold Goals for Launching Digital Ruble by 2026

Kyrgyzstan Takes Bold Steps to Launch Its National Digital Currency

Tokenization is Set to Reach $18.9 Trillion by 2033

South Korea’s National Pension Service Embraces Blockchain for Enhanced Security

İlayda Peker 16 October, 2024 - 2:04 am 16 October, 2024 - 2:04 am
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Hamster Kombat Faces Challenges as HMSTR Token Struggles in the Market
Next Article Nate Geraci Highlights Factors That Could Influence XRP ETF Approval
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Surges to Power Past Gold with Institutional Boost
Bitcoin (BTC)
Ken Griffin Warns on Trump’s Policies Impacting Inflation and Employment
Economy
Coinbase Battles Massive Cyberattack: Ensures User Safety and Fortified Security
Cryptocurrency Exchanges
Crypto Markets Predict New Highs as Bitcoin and Ethereum Gear Up for Action
Technical Analysis
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?