Coinbase's Base Network Targets 100 Million Daily Users Through Aggressive Onchain Expansion

An individual associated with Coinbase's ecosystem, Han Wang, recently expressed strong support for the company's efforts to expand its onchain presence, particularly in fostering developer activity. In a tweet, Wang enthusiastically stated, "> The @coinbase team absolutely cooks 🔥 Honored to be part of their journey to bring more builders and apps onchain." This commendation underscores Coinbase's strategic pivot towards cultivating a robust decentralized application (dApp) ecosystem, primarily facilitated by its Base Layer 2 network.

Coinbase, a prominent cryptocurrency exchange, has positioned its onchain strategy as a cornerstone of its future growth, aiming to transform its business into a central gateway for the decentralized internet. Jesse Pollak, the visionary creator of the Base network, has outlined an ambitious roadmap for significant scalability, targeting a 400-fold increase in throughput over the next 400 days. This aggressive goal is designed to enable Base to support approximately 100 million daily users, pushing the boundaries of mainstream blockchain adoption.

To achieve this expansive vision, Coinbase is actively investing in comprehensive programs and developer tools tailored to attract and empower Web3 builders. Initiatives such as the Coinbase Developer Platform (CDP) Builder Grants program provide crucial funding and resources for innovative onchain applications, with a particular focus on integrations like AI agents and seamless fiat-to-crypto onramps. The company emphasizes cultivating an environment that is both easy-to-use and highly trusted, aiming to differentiate Base within the competitive Layer 2 landscape.

Technological advancements, including the development of "smart wallets," are central to Coinbase's strategy for enhancing user experience. These wallets are designed to eliminate common friction points for new users by simplifying onboarding processes and abstracting away complexities like gas fee management. By making interaction with dApps as intuitive as traditional web applications, Coinbase seeks to accelerate widespread engagement and adoption of onchain services.

Coinbase views its onchain initiatives, particularly the growth of Base, not as a competitive threat to its core exchange business, but as a fundamental evolution and upgrade to its underlying infrastructure. The company anticipates that by providing a fertile platform for a "Cambrian explosion" of new applications and tokens, it will become the indispensable "front door" to the burgeoning onchain economy. This forward-looking strategy leverages Coinbase's extensive user base to drive decentralized growth and solidify its position at the forefront of Web3 innovation.