Base

The latest news about Coinbase's Base Chain highlights several developments. Firstly, there has been a significant increase in transaction volumes due to the growing popularity of meme coins and other altcoins on the platform. This surge has led to occasional transaction delays and higher fees【6†source】【7†source】.

Some notable altcoins on Base Chain are gaining traction. For example, "Degen," initially a meme coin, has evolved into an important protocol within the ecosystem. It recently launched Degen Chain, a Layer-3 blockchain designed to handle various transactions efficiently【6†source】. Other promising projects include Aerodrome, an Automated Market Maker, and Virtual Protocol, which focuses on creating and monetizing AI personas【6†source】.

The partnership between Blackrock and Coinbase is also expected to drive more attention and investment toward Base Chain, potentially leading to substantial growth opportunities for its associated altcoins【6†source】.