Binance.US Adding Base Network Support

Binance.US has integrated the Base network, allowing users to deposit and withdraw ETH and USDC through this Ethereum Layer 2 solution. This integration is expected to offer faster and cheaper transactions compared to the Ethereum mainnet, with plans to support additional assets soon.

• Integration: Binance.US has added support for Base, an Ethereum Layer 2 network, enabling ETH and USDC deposits and withdrawals.
• Benefits: Offers faster and cheaper transactions compared to Ethereum mainnet, with plans to support additional assets.
• Base Network: Launched in 2023 by Coinbase, Base uses ETH for gas fees, is developer-friendly, and supports low-cost, high-volume transactions via Optimistic Rollups.
• Growth Metrics: Base handles over 1 million daily active addresses, 4 million daily transactions, and has a Total Value Locked (TVL) of $6.3 billion, with active addresses rising from 63% to 82% among Layer 2 solutions in 2025.
• Community Reaction: Positive, with expectations of increased adoption, more DeFi projects, and cross-chain bridges, as noted by figures like Velvet Unicorn.
• Implications: Enhances user experience, supports Ethereum’s scalability, and could drive further Base adoption, though market uncertainty persists.