Binance U.S. has finally decided to integrate the Base network, that little Ethereum Layer 2 project that no one really thought would make it, but surprise—it’s here. Now users can deposit and withdraw Ethereum (ETH) and USDC directly through it. As if the crypto world wasn’t complex enough, here comes Base to make things “faster” and “cheaper” (don’t hold your breath). According to Binance, more assets are coming soon. What a thrill!
— Binance.US (@BinanceUS) April 25, 2025
Why Should You Care About Base?
The Speedy, Growing Network You Didn’t Know You Needed
Despite all the doom and gloom surrounding the crypto market, Base has been growing like your cousin’s backyard vegetable garden after a light sprinkle of optimism. According to IntoTheBlock data, Base’s share of active addresses among major Layer 2s has jumped from 63% in January to 82% today. So, what’s next? 100%? Overpromise much?
It now handles more than 1 million daily active addresses (don’t ask me how they measure those things), and over 4 million daily transactions. The Total Value Locked (TVL) has reached a respectable $6.3 billion, proving that people, for some reason, are still putting their trust in it. Yes, the numbers look nice, but as always, the question is: For how long?
Crypto’s Elite Are Now Paying Attention
The news of Binance U.S. adding support for Base has sent ripples of excitement through the crypto community. Influencers, like the delightfully named Velvet Unicorn (a handle that inspires confidence, right?), have hailed this as a “clear signal” of institutional interest in Layer 2 networks. It’s not just about ETH and USDC, folks—it’s about the ecosystem, which is currently sprouting like some sort of crypto rainforest.
As more DeFi projects start to launch and cross-chain bridges grow in their own mysterious way, Base is poised to become an indispensable cog in the blockchain machine. And with Binance U.S. on its side, the network might just stand a chance at making a dent in the increasingly crowded crypto space.
FAQ: Things You Should Have Already Known, But Probably Didn’t
What is Base?
Base is a scaling solution running on top of the Ethereum blockchain. Think of it as a turbocharger for Ethereum—faster, cheaper transactions, minus the headache (or at least that’s the goal).
How does this integration benefit regular Binance U.S users?
In theory, it lets users send and receive ETH and USDC faster and with lower fees, like you needed any more reason to use it.
Can I transfer any crypto asset via Base, or is it limited to ETH and USDC for now?
At this point, only ETH and USDC are supported, which means you can put all your altcoins on hold for now. But don’t worry, more assets might come eventually (maybe).
Why is Binance U.S. adding support for Base now—what’s the significance of this timing?
With Base seeing rapid growth and on-chain activity, it’s clearly the “right time.” But timing in crypto? It’s like choosing the perfect moment to invest in the next big thing…unless you’re wrong.
Is this move limited to Binance U.S, or will global Binance also support Base soon?
For now, it’s only Binance U.S. But you know how these things work—what’s a regional move today could be global tomorrow…or it could not. Stay tuned.
Read More
- Unleash Your Heroes’ True Potential: Best Stadium Builds for Every Overwatch 2 Hero
- 50 Goal Sound ID Codes for Blue Lock Rivals
- Lucky Offense Tier List & Reroll Guide
- Elder Scrolls Oblivion: Best Mage Build
- Elder Scrolls Oblivion: Best Spellsword Build
- Unlock All Avinoleum Treasure Spots in Wuthering Waves!
- Best Crosshair Codes for Fragpunk
- SWORN Tier List – Best Weapons & Spells
- WARNING: Thunderbolts Spoilers Are Loose – Proceed with Caution!
- Elder Scrolls Oblivion: Best Rogue Build
2025-04-25 07:29