Base: Validity Transactions Arrive via Cobalt Upgrade

Base will introduce validity transactions in the Cobalt upgrade later this month, allowing users to set onchain predicates that must be met or the transaction simply expires without burning gas fees.

With ETH trading at $2574.77 and testing upper Bollinger resistance at $2535.22 while RSI(14) sits at 70.25 in overbought territory, a healthy retracement toward EMA50 support at $2471.56 looks probable before the bullish MACD golden cross drives continuation.