Coinbase’s Base Network Advances to Stage 1 EVM Rollup

Coinbase’s Layer 2 network, Base, has successfully advanced to Stage 1 of Ethereum Virtual Machine (EVM) rollup, a significant step towards greater decentralization and security. This achievement was announced by Tom Vieira, Head of Product at Base, marking a key milestone in the network’s development. Stage 1 EVM rollup is expected to attract new users and capital, aligning with Ethereum’s scaling roadmap. The positive market reaction suggests growing trust in Ethereum’s decentralized infrastructure.