4-8-2025 – Coinbase’s Base Layer 2 network has surpassed Solana in daily token issuance, driven primarily by explosive activity on Zora, a decentralized social platform that enables users to mint digital content as tradable assets.
The milestone reflects Base’s rapid emergence as a major force in the SocialFi sector, with the network recording 1.6 million tokens minted and attracting nearly 3 million traders in recent activity. Zora’s “Creator Coin” model has transformed how users interact with digital content, allowing creators to tokenize their work directly on-chain. The surge followed Coinbase’s revamp of its Base application, which significantly boosted user engagement and platform adoption.
“Base now leads all others in on-chain token issuance,” stated Jesse Pollak from Base, highlighting the network’s achievement in overtaking established competitors. Industry observer Conor Grogan characterized the development as potentially disruptive to the broader on-chain ecosystem, signaling a shift in how decentralized social applications drive cryptocurrency adoption.
