Stablecoins Surge on Base: Ethereum's L2 Gains Momentum
Jesse Pollak highlights stablecoin activity on Base, Coinbase's Ethereum layer-2, amid bullish ETH trends and market shifts in 2026.
SourceJesse Pollak, head of protocols at Coinbase, spotlighted a surge in stablecoin transactions on Base, the company's Ethereum layer-2 network. In a tweet on April 10, 2026, Pollak amplified a post from Wilson Cusack, noting how stablecoins are increasingly flowing through Base, underscoring its growing role in DeFi efficiency.
Layer-2 Adoption Accelerates
Over the past six months, Base has captured significant traction, processing billions in volume amid Ethereum's scaling push. This aligns with broader crypto trends, where layer-2 solutions like Base reduce fees and boost speed, drawing institutional interest after 2025's regulatory nods to stablecoin integrations. Pollak's endorsement signals Ethereum's ecosystem resilience, potentially fueling more on-chain finance innovations.
In the 4-hour ETH chart, confluence points to cautious optimism. Price action holds firm above the EMA200 support at $2087.61, reinforcing the bullish structure, yet a recent MACD death cross at 25.44 hints at short-term bearish pressure. With RSI neutral at 65.58 and price nestled inside Bollinger Bands—upper resistance looming at $2287.77—traders eye a potential exhaustion pullback to the EMA50 at $2149.4 before resuming upside, especially if stablecoin inflows on Base sustain momentum.
jesse.base.eth
@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.