Jesse Pollak, the visionary behind Coinbase's Base Layer 2 blockchain, dropped a bombshell tweet on April 8, 2026, declaring that 'every currency is onchain on @base.' This audacious statement underscores Pollak's long-standing push for seamless onchain economies, building on Base's launch as an Ethereum scaler that has exploded in adoption over the past year, processing billions in transactions and attracting major DeFi players.

Pollak's Onchain Revolution Takes Shape

Rooted in Pollak's ethos of democratizing finance, Base has evolved from a 2023 testnet to a powerhouse Layer 2 solution, optimizing for low fees and high throughput. His vision now extends to integrating traditional currencies directly onchain, potentially reshaping global payments and challenging centralized systems like SWIFT.

Ethereum's Technical Edge Fuels Base Momentum

Ethereum powers this surge, with its 4-hour chart revealing a robust bullish structure. Price action at $2213.48 sails above the EMA50 support at $2119.94 and EMA200 at $2074.88, confirming long-term upward conviction as MACD flashes a golden cross at 38.64. Neutral RSI at 63.28 tempers enthusiasm, while the asset trades snugly inside Bollinger Bands—upper resistance at $2279.45 beckons as a volatility exhaustion point, suggesting a tactical pullback to EMA50 before bulls charge higher, aligning perfectly with Base's expansive narrative.