Ethereum Layer 2 Base Hits Stage 1 Decentralization, Spark Debate About Potential Token Launch

Coinbase’s Ethereum Layer 2 network, Base, announced it has achieved Stage 1 decentralization on April 29, 2025. This milestone is significant for the industry, as many L2s remain largely centralized. Base’s move towards decentralization not only strengthens its reliability and trust but has fueled speculation about a potential token launch. Why this matters