Base

Coinbase’s Network Plans Major Upgrades to Challenge Solana
The Ethereum Layer2 network backed by Coinbase is implementing infrastructure upgrades to enhance speed, scalability, and decentralization.Planned improvements include reducing transaction confirmation time to 200 milliseconds,lowering fees to less than $0.01,and processing over 200 transactions per second, with a long-term goal of reaching1million transactions per second
To promote decentralization, the network aims to shift key protocol components to Layer 1Ethereum smart contracts, enabling independent developers and validators to participate.Flash blocks—a system for near-instant pre-confirmed blocks,are being tested and will be launched on the mainnet by summer 2025 for a smoother user experience.
Base plans to double its gas throughput from 25 megagas per second to 50 megagas in Q2 2025, and reach 250 megagas by year’s end—marking a 100x capacity improvement🔵