David Tso, a key figure in the Base ecosystem, just dropped his latest newsletter titled "The State of Base" on Paragraph. As someone who's been knee-deep in blockchain and consumer crypto, Tso's insights are gold for anyone tracking the pulse of Ethereum's Layer 2 solutions—especially if you're into meme tokens, which have exploded on Base.

In his recent tweet, Tso highlights several exciting developments that could supercharge the Base network and its vibrant meme coin community. Let's break it down.

Base's Move Toward a Network Token

One of the biggest takeaways? Base is starting to explore the idea of a network token. For the uninitiated, a network token is like the native currency of a blockchain—think OP for Optimism or ARB for Arbitrum. It could be used for governance, staking, or even fee payments, potentially adding more utility and value to the ecosystem.

Why does this matter for meme tokens? Base has become a hotspot for memes like DEGEN and BRETT, thanks to its low fees and seamless integration with Coinbase. A native token could attract more liquidity, developers, and users, creating a ripple effect that boosts meme coin projects. Imagine easier airdrops, token incentives for builders, or even meme-themed governance proposals—it could take the fun and frenzy of memes to the next level.

From Idea to Business: Builder Programs

Tso also spotlights programs designed to help creators turn ideas into full-fledged apps and businesses. Base has been rolling out initiatives like grants, accelerators, and educational resources through platforms like Build on Base. These are perfect for meme token creators who start with a viral idea but need tools to scale.

For example, if you're launching a meme coin, these programs could provide the tech stack for token distribution, community building, and even monetization strategies. It's all about lowering the barriers, so more innovative (and hilarious) memes can thrive onchain.

Scaling Tools and Analytics

No blockchain thrives without solid infrastructure. The newsletter covers tools, analytics, and distribution channels to help projects scale. Think dashboards for tracking token performance, integration with wallets like Coinbase Wallet, and partnerships for wider reach.

For meme tokens, this means better visibility into hype cycles—knowing when your coin is mooning or when to pivot. Analytics can help spot trends, like which memes are gaining traction, and distribution tools could amplify your project's exposure across social platforms.

BaseCamp⁰⁰² and Beyond

Tso mentions BaseCamp⁰⁰², which sounds like an event or program fostering community and innovation. Previous BaseCamps have brought together builders for hackathons and networking, often sparking new meme projects.

And there's "and more"—hinting at ongoing surprises in the Base world. With Base's focus on consumer-friendly apps, expect more integrations that make meme trading as easy as scrolling through social media.

If you're a meme token enthusiast or builder, this newsletter is a must-read. Head over to the full piece on Paragraph for the deep dive. As Base evolves, it's positioning itself as the go-to L2 for fun, fast, and feeless meme action. Stay tuned—2025 could be the year memes on Base go mainstream.