Coinbase’s Base is exploring the possibility of issuing a native network token, marking a major shift in strategy. The announcement came during the “State of Base” livestream at BaseCamp in Stowe, Vermont.
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During the livestream session, Jesse Pollak, Head of Protocols at Coinbase and creator of Base, shared new updates. He said the network has entered the early stages of examining how a token could further decentralize the chain and involve its growing community.
This move comes after repeated denials in the past that Coinbase or Base would issue such an asset. Meanwhile, Coinbase-backed Avantis (AVNT) surged 35%, reflecting growing investor interest in projects linked to the exchange.
Pollak linked the change in stance to evolving U.S. policies under the Trump administration, which may provide a more relaxed environment for token launches. No details were revealed about when the token might arrive, its governance structure, or how it would be distributed. Pollak emphasized that the team intends to build the process in the open, involving the community at every stage.
He acknowledged speculation about whether early users, builders, or even Coinbase shareholders could benefit from an airdrop, but stopped short of confirming plans. The remarks drew immediate attention across the crypto community, with many predicting that the potential token could become one of the biggest airdrops of 2025.
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