Coinbase Base Token Could Boost Value Up to $34 Billion

JPMorgan predicts a significant increase in Coinbase’s market value, potentially up to $34 billion, due to the launch of its new token, Base. The bank attributes this growth to expanding DeFi applications and increased institutional investment. This shift signifies a major change in Coinbase’s financial strategy as it integrates deeper into Layer 2 solutions and stablecoin economies.