In recent months, the Base ecosystem has been evolving, implementing new technologies and partnerships. From JPMorgan's pilot token to NFT integrations, the project is showing active growth and development.
Expansion of the Base Ecosystem
The Base ecosystem is showing active expansion through the integration of new tokens and partnerships with major financial institutions. In early June, JPMorgan launched a pilot project with a deposit token (JPMD) on the Base platform, indicating the rising institutional credibility of the project. Additionally, in June, Coinbase added wrapped tokens for ADA, LTC, XRP, and DOGE, significantly increasing the variety of assets available within the network.
Price Analysis of BASE Token
Although BASEUSD has been delisted from certain platforms and no longer has active price feeds on major exchanges, historical data shows a sharp correction from its all-time high ($8.79) to around $0.25. The current technical structure indicates a prolonged accumulation phase, suggesting potential growth, although price discovery remains illiquid.
Future of the Base Ecosystem
The Base ecosystem demonstrates strong fundamentals thanks to its scaling solutions, institutional pilots, and integration of content tokenization technology from Zora, which enhances activity in the NFT sector. However, considering the delisting of the token and low liquidity, speculative prospects remain unclear until new listings emerge.
Despite the challenges with the token price, the Base ecosystem continues to show active growth through partnerships and new technology implementations, highlighting its potential in the cryptocurrency sphere.
