@racer

Base is going all-in on the AI agent economy. The x402 protocol on Base just saw a 10,780% surge in transactions this week, with smart money deploying seven figures into agent-focused infrastructure. Coinbase’s support is deep — they’re integrating Citi’s stablecoin payment rails, Apollo’s credit strategies, and have even acquired Deribit and Echo. With $10B in cash, they have serious firepower to expand. But the recent AWS outage exposed a centralization weakness, freezing sequencers and cutting throughput by 25%. Even so, TVL hit $9.1B and 164 new projects launched in the past month. Meanwhile, Sui just overtook Base in daily active users — the competition’s heating up fast.

3 replies

0 recast

5 reactions