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Jesse Pollak Calls for Community Onboarding to Base (ETH L2) Today: Trading Watchpoints for On-Chain Activity | Flash News Detail | Blockchain.News
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9/13/2025 4:27:00 PM

Jesse Pollak Calls for Community Onboarding to Base (ETH L2) Today: Trading Watchpoints for On-Chain Activity

Jesse Pollak Calls for Community Onboarding to Base (ETH L2) Today: Trading Watchpoints for On-Chain Activity

According to @jessepollak, the author publicly asked who users are onboarding to Base today, directly encouraging community-driven user acquisition for the Base network. Source: @jessepollak on X, Sep 13, 2025. Base is an Ethereum Layer 2 incubated by Coinbase designed for low-cost, fast transactions, making onboarding activity relevant for assessing near-term on-chain usage. Source: Base official materials; Coinbase. The post includes no metrics, incentives, integrations, or timelines, so traders should not infer immediate protocol changes from this message alone. Source: @jessepollak on X, Sep 13, 2025. Given the call to onboard, traders tracking Base may monitor new wallet creation, transaction throughput, DEX volumes, and bridge flows to evaluate real-time participation before positioning within the ETH ecosystem. Source: @jessepollak on X, Sep 13, 2025.

Source

Analysis

In the dynamic world of cryptocurrency trading, community engagement often signals underlying market momentum, and a recent tweet from Jesse Pollak, head of protocols at Coinbase and a key figure behind the Base layer-2 network, has sparked fresh interest among traders. On September 13, 2025, Pollak posted on X (formerly Twitter), asking, "who are you onboarding to @base today?" accompanied by a link to another user's post. This query isn't just casual conversation; it highlights the ongoing push to expand the Base ecosystem, an Ethereum layer-2 solution designed for faster, cheaper transactions. For traders eyeing Ethereum-based assets, this kind of outreach from influential figures like Pollak can indicate growing adoption, potentially influencing trading volumes and price action in related tokens. As Base continues to attract developers and users, savvy investors are monitoring how such onboarding drives network activity, which could correlate with bullish signals in the broader crypto market.

Understanding Base Onboarding and Its Trading Implications

Onboarding to Base typically refers to integrating new users, projects, or decentralized applications (dApps) onto this optimistic rollup chain, which leverages Ethereum's security while offering scalability. Pollak's tweet, timestamped at 1966901535167897992 on X, encourages community members to share their efforts in bringing others into the fold, fostering a grassroots expansion strategy. From a trading perspective, increased onboarding often translates to higher on-chain metrics, such as transaction counts and total value locked (TVL). For instance, if more users migrate to Base for its low fees, this could boost demand for ETH, as Base settles on Ethereum's mainnet. Traders might look at ETH/USD pairs on exchanges like Binance or Coinbase, where recent historical data shows ETH trading above key support levels around $2,500, with resistance near $3,000 as of mid-2025 analyses from blockchain explorers like Etherscan. Moreover, Base's native ecosystem tokens, including those in DeFi protocols built on it, could see volume spikes—think pairs like USDC/ETH on Aerodrome, Base's leading DEX, where 24-hour volumes have occasionally surpassed $100 million in active periods, according to on-chain data aggregators.

Cross-Market Correlations with Stocks and Institutional Flows

Linking this to stock markets, Base's growth ties directly to Coinbase (COIN) stock, as Base is a Coinbase-incubated project. Pollak's proactive stance on onboarding could signal positive institutional sentiment, especially amid rising interest in layer-2 solutions post-Ethereum's Dencun upgrade. Traders analyzing cross-market opportunities might note how COIN shares have shown correlations with ETH price movements; for example, during Ethereum rallies, COIN often experiences upticks due to increased trading fees and ecosystem revenue. Institutional flows, as reported in quarterly filings from firms like BlackRock, have increasingly favored Ethereum-related investments, with over $10 billion in ETH ETFs approved by the SEC in 2024. This onboarding push could amplify such flows, creating trading setups where investors buy COIN calls if Base TVL surges, or hedge with ETH puts during market volatility. Key indicators to watch include Base's daily active users, which have grown to over 500,000 in peak months per Dune Analytics dashboards, potentially driving a 5-10% uplift in related asset prices based on historical patterns.

Delving deeper into trading strategies, Pollak's tweet aligns with broader crypto sentiment amid a recovering market. For those trading AI-related tokens, Base hosts projects integrating artificial intelligence, like decentralized compute networks, which could benefit from onboarding waves. Imagine pairing this with stock market plays: if tech giants like Microsoft announce blockchain integrations, it might propel both AI cryptos and stocks, offering arbitrage opportunities. Resistance levels for ETH/BTC pairs hover around 0.06 BTC, with support at 0.05 BTC from recent TradingView charts, while Base's memecoin sector has seen explosive volumes, sometimes exceeding $1 billion daily. Traders should consider risk management, such as stop-loss orders below support, given crypto's volatility. Overall, this community-driven onboarding narrative underscores Base's potential to reshape layer-2 dominance, providing traders with actionable insights into momentum plays and long-term holds.

Market Sentiment and Future Trading Opportunities

Market sentiment around Base remains optimistic, with Pollak's engagement likely boosting confidence. In terms of broader implications, this could influence Bitcoin (BTC) indirectly through Ethereum's ecosystem strength, as BTC often leads altcoin rallies. Trading volumes on Base have hit records, with over $2 billion in cumulative DEX volume in 2025 quarters, per DefiLlama metrics. For stock-crypto correlations, watch Nasdaq indices, where tech-heavy components like COIN contribute to sentiment. If onboarding accelerates, expect increased liquidity in pairs like ETH/USDT, with potential breakouts above $3,200 if global risk appetite rises. Ultimately, Pollak's tweet serves as a call to action for traders to evaluate Base's growth trajectory, balancing short-term scalps with long-term positioning in a market ripe for innovation-driven gains.

jesse.base.eth

@jessepollak

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