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Whether or not Base would have a token has long been a discussion point ever since the L2 launched in mid-2023. On Monday at BaseCamp 2025, Jesse Pollak disclosed that Base is exploring the possibility of launching a token for the L2. 

By all metrics, Base is the leading L2. It consistently accounts for over 70% of L2 gross profit, 70% of L2 transaction activity, $4.4 billion in stablecoins, and ~$20 million in monthly application revenue.

In August, Base generated $6.2 million in network REV, annualized out to $75 million. Base remains one of the only L2s without a token.

As the…

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