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Base targets $100 billion in on-chain assets in 2025

With a focus on developer tools and user-friendly apps, Base is aiming for $100 billion in assets and a stronger global presence by 2025. On Jan. 17, the Base blockchain outlined its plan for the year, targeting $100 billion in on-chain assets by October 2025. The roadmap focuses on increasing developer participation, expanding its user base, and improving the scalability of its blockchain infrastructure. The platform has set specific goals, including bringing in 25,000 developers, onboarding 25 million users, attaining $100 billion on-chain assets, and increasing blockspace capacity to 250 million gas units per second (Mgas/s). In blockchain terminology, “gas” represents the computational resources required to execute transactions, while Mgas/s measures the network’s ability to process transactions efficiently. Base’s strategy for 2025 centers on five key areas outlined in its official blog: providing tools for builders, developing a wide range of onchain apps, enhancing user ownership through integrated accounts, establishing a liquid global capital market, and scaling the platform to be accessible worldwide. You might also like: Base Blockchain active addresses, transactions hit all-time high Base, founded by Coinbase in 2023, is a layer-2 solution on Ethereum ( ETH ). It improves scalability and efficiency while leveraging ETH’s security and decentralization. By providing a faster and more cost-effective platform for decentralized applications, Base offers a practical solution for developers and users in the blockchain space. Base currently ranks sixth among major blockchain platforms, with $4.7 billion in total value locked (TVL), which accounts for 2.23% of the blockchain ecosystem, according to DeFiLlama . ETH leads the ecosystem with 62.67% dominance, followed by Binance Smart Chain ( BNB ) at 3.75% and Solana (SOL ) at 9.05%. Base has 1.15 million active addresses and recently reported a 2.72% increase in weekly activity. TVL share by chain | Source: DefiLlama In a recent development, Base partnered with South Korean crypto exchange Korbit to integrate the Base Chain into its platform. This integration enables Korbit users to perform multi-chain deposits and withdrawals, enhancing cross-chain functionality for the platform’s users. Furthermore, Phantom wallet has expanded to Base, bringing full integration after a beta phase. This allows users to transact in ETH and USDC ( USDC ), and swap tokens across Base, ETH, SOL, and Polygon ( POL ). Phantom’s integration enhances functionality within the Base ecosystem, supporting dApps and NFTs while providing security features like spam detection and transaction simulation. Read more: Buenos Aires adds blockchain-based IDs to city app for privacy purposes Bitcoin.com

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Phantom Wallet Secures $150M in Funding, Hits $3B Valuation

The post Phantom Wallet Secures $150M in Funding, Hits $3B Valuation appeared first on Coinpedia Fintech News Phantom, a leading crypto wallet provider, has raised $150 million in a Series C funding round, achieving a $3 billion valuation. The round was led by Sequoia Capital and Paradigm, with support from Andreessen Horowitz and Variant. CEO Brandon Millman highlighted the company’s mission to make crypto accessible and safe, noting that the funds will support new features like social discovery and simpler peer-to-peer payments. Phantom, with 15 million active users, saw significant growth, handling over $20 billion in annual swaps. Its revenue surged in late 2024, outpacing competitors Coinbase Wallet and MetaMask. Phantom aims to revolutionize consumer finance with this latest boost. Bitcoin.com