If you've been keeping an eye on the crypto space, especially the wild world of meme tokens, you've probably heard the buzz about Base. This Ethereum Layer 2 network, backed by Coinbase, has become a hotspot for meme coins thanks to its low fees and fast transactions. Now, things are getting even more exciting with the recent announcement that Base is starting to explore launching its own native network token.
The news dropped during the Basecamp summit in Stowe, Vermont, on September 15, 2025. Jesse Pollak, the creator of Base, shared the update in a fireside chat, emphasizing the network's vision for a decentralized economy where builders, creators, and users are all aligned. The slide that caught everyone's attention read: "Beginning to explore a network token."
In a video posted on the official Base X account (view the post here), Pollak explained, "We're going to be exploring a network token for Base... We're in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open."
This isn't a full-blown launch announcement just yet—it's more like dipping a toe in the water. But the crypto community is already hyped, with speculation running wild about what this token could mean. Will it be called $BASE? One reply to an early tweet about the news suggested exactly that, and it wouldn't be surprising given the straightforward naming conventions in crypto.
Why a Network Token Matters for Base
Base has grown rapidly since its launch, attracting millions of users with its seamless integration into the Coinbase ecosystem. As an Optimistic Rollup on Ethereum, it uses ETH for gas fees currently. A native token could change the game by introducing new utilities like governance voting, staking rewards, or even covering transaction fees. This aligns with Pollak's emphasis on pushing crypto-native designs to scale to billions of users globally.
From the official Base blog post on The State of Base at BaseCamp 2025, it's clear the team is focused on decentralization and community alignment. Pollak highlighted three key commitments: staying true to Ethereum, ensuring regulatory compliance, and building openly with input from the community.
The Meme Coin Angle: Boost for the Base Ecosystem?
At Meme Insider, we're all about meme tokens, and Base has been a breeding ground for them. Projects like Brett ($BRETT), Degen ($DEGEN), and others have exploded in popularity here, drawing in retail traders and creators alike. A native Base token could supercharge this scene in several ways:
Airdrop Potential: Many are speculating about an airdrop to reward early users, bridgers, and liquidity providers. Similar to Arbitrum's $ARB drop, this could distribute tokens based on on-chain activity, giving meme coin traders a nice bonus.
Increased Liquidity and Activity: With a token, Base could introduce incentives like yield farming or staking, pulling more capital into the network. This means more volume for meme tokens, potentially leading to bigger pumps and more viral moments.
Governance for Meme Communities: Imagine meme coin holders influencing Base's direction through token-voted proposals. It could foster a more creator-friendly environment, where meme projects get prioritized for grants or integrations.
Bridge to Solana and Beyond: The Basecamp event also teased an official bridge to Solana, which could open cross-chain flows for meme tokens. Meme coins on Solana like Bonk or Pump.fun projects might migrate or trade seamlessly on Base, expanding the playground.
Community reactions on X have been electric. One user tweeted, "Base is beginning to explore a network token... $BASE IS COMING..." while another pondered, "If it pushes through, it might be the biggest airdrop yet next to Arbitrum." Even CoinDesk covered it, noting that plans are in early stages but could align participants in pushing crypto boundaries.
Of course, nothing's set in stone. Pollak was upfront about the uncertainties, saying in the video, "We don't have all the answers... but we can figure this out together." That's the spirit of crypto—collaborative and iterative.
What’s Next for Base and Meme Tokens?
As Base explores this token, keep an eye on official channels for updates. In the meantime, if you're farming on Base or trading memes, now might be a good time to ramp up activity. Who knows? Your next swap could qualify you for future rewards.
For more on how Layer 2 developments are shaking up the meme coin world, check out our guides on Ethereum L2 meme ecosystems or top Base meme coins to watch. Stay based, folks—this could be the start of something huge.