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How SocialFi, memecoins and AI pushed Base to the top of the L2 ladder

Jon Hartney by Jon Hartney
February 23, 2026
in Bitcoin, Blockchain, Business, Market
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How SocialFi, memecoins and AI pushed Base to the top of the L2 ladder

Base rode SocialFi, memecoins and AI agents to the top of Ethereum’s layer-2 ladder before turning inward to rebuild its core stack.

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Base will transition to a unified, internally maintained stack, expected to be its biggest architectural shift since launch.

After debuting in 2023 as a rollup built on Optimism’s OP Stack, Coinbase’s Ethereum layer 2 is now consolidating its software into an in-house distribution, which can unlock faster upgrades and greater autonomy over its technical roadmap.

It has been exactly three years since Base launched its testnet. The network has experienced SocialFi explosions and ridden its own memecoin wave. It even went through a phase that both fascinated and unnerved Crypto Twitter as AI agents began transacting on its chain.

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