Coinbase’s Base Network Could Boost Valuation by $34 Billion, Says JPMorgan

JPMorgan predicts that Coinbase’s new network, Base, could add up to $34 billion in value to the company. The network aims to increase decentralization and offer developer opportunities, potentially impacting Ethereum’s ecosystem. Analysts believe this growth potential could drive significant changes in investor strategies. Coinbase’s Base Network is set to boost its valuation by at least $34 billion according to JPMorgan’s analysis. This prediction has the potential to affect both Coinbase’s standing and the broader crypto market, according to analysts who highlight the possible shift in investor approach.