Key Points:
- Jesse Pollak supports diverse token inclusion from Base and other networks.
- Coinbase seeks to diversify listings despite regulatory hurdles.
Jesse Pollak, Head of the Base Protocol, seeks for Coinbase Listing to broaden considerably. He advocates for the inclusion of a wide variety of tokens from Base and other blockchain networks.
The initiative comes amidst ongoing discussions about cryptocurrency regulation and community concerns over listing criteria influenced by the SEC.
Base Creator Pushes Coinbase Listings – “I want as many coins as humanly possible”
Jesse Pollak, the creator of the Base layer-2 blockchain, has voiced his support for Coinbase to list a broader range of tokens, including those from Base and other networks.
Pollak believes that shifting from a scarcity mindset to an abundance approach is essential for the crypto ecosystem, advocating for more listings across memes, DeFi, culture, and various blockchain networks.
Coinbase co-founder Brian Armstrong admits the exchange struggles with token listings. As a regulated exchange, Coinbase must follow SEC rules, which limit which tokens it can list. At the same time, the company faces challenges in deciding which tokens to approve while staying compliant.
In a recent tweet, Armstrong pointed out that over one million tokens are created every week, making it impossible to review each one manually.
“Evaluating each one by one is no longer feasible,” he wrote. “And regulators need to understand that applying for approval for each one is totally infeasible at this point as well (they can’t do 1M a week).”
He suggested shifting from a strict approval system to a block list approach, where only problematic tokens are restricted. He also proposed using customer reviews and automated scans to help users decide which tokens to trust.
Armstrong Pushes DEX Integration as Coinbase Prepares for Supercycle
Additionally, Armstrong supports deeper integration with decentralized exchanges (DEXs), so users won’t need to worry about whether trades happen on a DEX or a centralized exchange (CEX).
With a potentially more crypto-friendly regulatory environment under Donald Trump’s administration, Coinbase may be preparing for a market supercycle. If regulatory barriers ease, the exchange could relax its listing criteria, making it easier to support a broader range of tokens.
Recently, tokens such as B3, MORPHO, VVV, TOSHI, and MOG were added, highlighting Coinbase’s commitment to increased variety.
Base’s TVL Skyrockets from Zero to $3.13B in Two Years
Base has seen explosive growth in TVL, revenue, and user activity over the past year. While its TVL has slightly dipped from its peak, the network maintains strong trading volume, active users, and DeFi engagement.
The Total Value Locked (TVL) on the Base blockchain has grown to $3.13 billion as of February 11, 2025. This is a big jump from mid-2023 when TVL was almost zero. The network’s growth took off in early 2024, crossing $1 billion, and peaked close to $4 billion before dipping slightly.
Base is also seeing more liquidity, with $4 billion in stablecoins and $14.87 billion in bridged assets from other chains. The network is becoming more active, handling $1.057 billion in daily volume and nearly 1 million active addresses in the last 24 hours.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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