According to the source, Base’s head of global growth Xen Baynham-Herd said the network has an upcoming token aimed at advancing decentralization, including a comparison of a centralized sequencer versus a decentralized token model; traders should watch token design details and rollout timelines as potential catalysts for Base ecosystem liquidity and activity. Source: Interview with Xen Baynham-Herd, Base head of global growth, published Nov 15, 2025. He outlined how the token could impact users over the next year via governance alignment and broader participation, making milestones such as token mechanics, distribution approach, and governance scope key markers for positioning. Source: Interview with Xen Baynham-Herd, Base head of global growth, published Nov 15, 2025. He noted developers’ geography shapes product priorities and adoption, indicating regional demand may determine which verticals (payments, DeFi, consumer apps) drive on-chain volumes on Base—useful for tracking sector rotation on the network. Source: Interview with Xen Baynham-Herd, Base head of global growth, published Nov 15, 2025. He emphasized the importance of stablecoins denominated in local currencies to avoid so-called crypto colonialism and to help more users own a piece of the modern economy, implying that listings and integrations of local-currency stablecoins on Base are a critical trend for monitoring liquidity and payment flows. Source: Interview with Xen Baynham-Herd, Base head of global growth, published Nov 15, 2025. He provided a five-year outlook centered on increased decentralization and broader participation, suggesting traders track progress on sequencer decentralization, governance activation, and ecosystem growth as leading indicators for network health and transaction demand. Source: Interview with Xen Baynham-Herd, Base head of global growth, published Nov 15, 2025.