Base (ETH L2) Momentum: Jesse Pollak Says 'Keep baseing' — 3 Trading Signals to Watch (TVL, DEX Volume, Gas) | Flash News Detail | Blockchain.News
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11/7/2025 5:14:00 PM

Base (ETH L2) Momentum: Jesse Pollak Says 'Keep baseing' — 3 Trading Signals to Watch (TVL, DEX Volume, Gas)

Base (ETH L2) Momentum: Jesse Pollak Says 'Keep baseing' — 3 Trading Signals to Watch (TVL, DEX Volume, Gas)

According to @jessepollak, he posted the message 'Keep baseing' on Nov 7, 2025, drawing trader attention to the Base Ethereum Layer-2 ecosystem. Source: X post by @jessepollak, Nov 7, 2025. Pollak leads Base, Coinbase’s Ethereum L2 designed to scale ETH transactions and support on-chain applications, making Base a core venue for ETH activity and liquidity flows. Source: Coinbase and Base documentation. For trading, monitor Base TVL, DEX volume, and gas usage as primary flow indicators commonly tracked to gauge liquidity and activity across L2 ecosystems. Source: DeFiLlama analytics and Base network documentation. Base has no native token, so exposure is typically via ETH and Base ecosystem assets available on exchanges that list them. Source: Base FAQ.

Source

Analysis

In the ever-evolving world of cryptocurrency trading, a simple yet powerful tweet from Jesse Pollak, the head of protocols at Coinbase and a key figure behind the Base layer-2 network, has sparked renewed interest among traders. On November 7, 2025, Pollak posted 'Keep baseing' on X, formerly known as Twitter, signaling ongoing momentum for the Base ecosystem. This phrase, a playful nod to building and expanding on Base, comes at a time when layer-2 solutions are crucial for Ethereum's scalability. As traders analyze this, it's essential to consider how such endorsements influence market sentiment and trading strategies, particularly for Ethereum (ETH) and related assets.

Understanding Base's Role in Crypto Trading Dynamics

Base, launched by Coinbase in 2023, operates as an optimistic rollup on Ethereum, aiming to reduce transaction costs and increase speed. Pollak's tweet encourages continued development and adoption, which could drive on-chain activity. From a trading perspective, this is significant for ETH pairs. For instance, historical data shows that positive announcements from project leads often correlate with short-term price surges. Traders might look at ETH/USDT pairs on major exchanges, where volume spikes have been observed following similar updates. According to blockchain analytics from sources like Dune Analytics, Base has seen a steady increase in daily active users, reaching over 1 million in recent months, which supports bullish sentiment. This on-chain metric suggests potential support levels around $2,500 for ETH, with resistance at $3,000 if adoption accelerates.

Trading Opportunities in Layer-2 Ecosystems

Diving deeper into trading implications, 'Keep baseing' could imply upcoming integrations or partnerships, boosting liquidity in Base-native tokens. While Base itself doesn't have a native token, its growth indirectly benefits ETH and Coinbase stock (COIN). Institutional flows, as reported by financial analysts, show increased allocations to layer-2 projects amid Ethereum's Dencun upgrade. Traders should monitor 24-hour trading volumes on DEXs like Uniswap, where Base-related liquidity pools have grown by 15% quarter-over-quarter. For stock market correlations, COIN shares often mirror crypto sentiment; a 5% uptick in ETH could translate to similar gains in COIN, offering cross-market trading opportunities. Risk management is key, with stop-loss orders recommended below key support levels to mitigate volatility.

Broader market implications tie into AI-driven trading tools analyzing sentiment from social media. Pollak's influence, with his background in protocol development, adds credibility, potentially attracting more developers to Base. This could enhance network effects, leading to higher transaction volumes and fees burned on Ethereum, supporting long-term ETH value. Traders eyeing futures contracts might consider leveraged positions, but with caution given market unpredictability. Sentiment indicators, such as the Fear and Greed Index, currently hover at neutral levels, suggesting room for upward movement if positive news flows continue. In summary, Pollak's tweet reinforces Base's position in the crypto landscape, providing traders with actionable insights into Ethereum's layer-2 narrative and potential entry points for both spot and derivatives trading.

Overall, this development highlights the intersection of social media influence and market movements in cryptocurrency. By focusing on verified on-chain data and historical patterns, traders can navigate these opportunities effectively, balancing optimism with rigorous analysis.

jesse.base.eth

@jessepollak

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