Base Builder Signal From Jesse Pollak: 3 On-Chain Signals Traders Should Watch Today for ETH, TVL and DEX Volume | Flash News Detail | Blockchain.News
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11/15/2025 2:42:00 PM

Base Builder Signal From Jesse Pollak: 3 On-Chain Signals Traders Should Watch Today for ETH, TVL and DEX Volume

Base Builder Signal From Jesse Pollak: 3 On-Chain Signals Traders Should Watch Today for ETH, TVL and DEX Volume

According to @jessepollak, today is a great day to build on Base, signaling a near-term developer push that traders can track for market impact. Source: https://twitter.com/jessepollak/status/1989705464242684153 Base is an Ethereum Layer 2 network used for EVM apps, making its developer and user activity relevant for ETH demand and L2 flows. Source: https://base.org For trading context, monitor Base TVL on L2Beat to gauge capital inflows, DEX volumes on DeFiLlama to assess liquidity shifts, and ETH gas and burn on ultrasound.money to evaluate potential fee and supply dynamics. Sources: https://l2beat.com/scaling/projects/base, https://defillama.com/chain/Base, https://ultrasound.money

Source

Analysis

Jesse Pollak, the head of protocols at Coinbase and a key figure behind the Base network, recently took to social media to declare that today is a great day to build on Base. This enthusiastic statement, shared on November 15, 2025, underscores the growing momentum in the Ethereum layer-2 ecosystem, where Base has emerged as a prominent player for developers seeking scalable and cost-effective solutions. As cryptocurrency markets continue to evolve, such endorsements from industry leaders like Pollak can signal potential shifts in developer activity, which often correlates with increased on-chain metrics and trading volumes. For traders, this could present opportunities in Ethereum-related assets, as Base's growth directly ties into the broader ETH narrative, potentially influencing price movements and market sentiment.

Understanding Base Network's Role in Crypto Trading

Base, launched by Coinbase in 2023, operates as an optimistic rollup on Ethereum, designed to offer lower transaction fees and faster processing times while maintaining the security of the main Ethereum chain. Pollak's tweet highlights an opportune moment for builders, which aligns with recent trends showing a surge in decentralized applications (dApps) migrating to layer-2 solutions. From a trading perspective, this developer enthusiasm could boost on-chain activity on Base, leading to higher total value locked (TVL) and transaction volumes. For instance, historical data indicates that when key figures promote ecosystem building, it often precedes spikes in related token prices. Traders monitoring Ethereum (ETH) pairs might watch for correlations, as Base's expansion could drive demand for ETH used in bridging assets. Additionally, Coinbase's stock (COIN) may see indirect benefits, as increased adoption of Base enhances the company's position in the crypto infrastructure space, creating cross-market trading opportunities between stocks and cryptocurrencies.

Market Sentiment and Trading Opportunities

The positive sentiment from Pollak's message comes at a time when the crypto market is experiencing volatility, with Ethereum hovering around key support levels. Without real-time data, we can reference broader market indicators from recent weeks, where ETH has shown resilience amid regulatory developments. Building on Base could attract more institutional flows, especially as layer-2 networks gain traction for their efficiency in DeFi and NFT applications. Traders should consider long positions in ETH/USD or ETH/BTC pairs if on-chain metrics like daily active users on Base begin to climb, potentially signaling a breakout above resistance levels around $3,000, based on patterns observed in previous hype cycles. Moreover, this could influence altcoins built on Base, offering speculative trades with high reward potential but also elevated risks due to market fluctuations.

Integrating this into a broader strategy, savvy traders might look at correlations with stock market movements, particularly tech-heavy indices like the Nasdaq, where Coinbase's performance often mirrors crypto sentiment. Pollak's call to action could foreshadow announcements or partnerships that propel Base forward, making it essential to track trading volumes on exchanges supporting Base-native tokens. For those diversifying portfolios, combining crypto holdings with COIN stock could hedge against sector-specific risks, capitalizing on the interplay between traditional finance and blockchain innovation. Overall, this tweet serves as a reminder of the dynamic nature of crypto markets, where developer momentum can translate into tangible trading gains.

Broader Implications for Ethereum and Layer-2 Ecosystems

Looking ahead, Pollak's encouragement to build on Base reflects optimism in the Ethereum ecosystem's scalability solutions, which are crucial for mass adoption. As competition heats up among layer-2 networks, Base's user-friendly approach and integration with Coinbase's vast user base position it favorably. Traders analyzing this should focus on metrics like gas fees and transaction throughput, which have historically impacted ETH's price during adoption phases. For example, past surges in layer-2 TVL have coincided with ETH rallies, providing data-driven entry points. In terms of risk management, monitoring macroeconomic factors such as interest rate changes could affect institutional interest in crypto infrastructure plays like Base. Ultimately, this narrative reinforces the potential for sustained growth in decentralized technologies, offering traders a lens to identify emerging trends and optimize their strategies for long-term profitability.

jesse.base.eth

@jessepollak

Base Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.