Base Challenges and Opportunities

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Base faces fierce competition from other L2s, including Arbitrum, OP, and fast-growing networks like Blast and Linea. Base can leverage Coinbase’s user base and developer support and continue its rapid growth.
Base saw an increasing number of hacking attempts in April 2024 compared to the previous month.Ethereum’s Dencun upgrade boosts the efficiency of L2s like Base, making it more attractive to users.
Regulatory uncertainty still persists in the US, which may affect the adoption of blockchain solutions.Base’s focus on user experience can help trigger mainstream adoption as less crypto-savvy individuals look for user-friendly platforms and solutions.