Former Coinbase Ventures insider predicts Base token may launch with $20 billion market cap and features similar to ETH

Coinbase’s Layer 2 project, Base, is exploring issuing its own token after previous statements denying any plans for a token.

Former Coinbase Ventures member Ryan Ye estimates the initial market cap of the Base token could be about 20 billion USD, with potential growth reaching 40 billion to 50 billion USD.

Base’s recent integration with Solana highlights the recognition of significant competition, focusing on user culture and DeFi liquidity.