Coinbase-Backed Base Claims It Can “Flip” Solana, Sees Pushback

Coinbase-Backed Base Claims It Can “Flip” Solana, Sees Pushback
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Coinbase-backed Base’s reversal on launching a native token reignited long-running tensions with Solana Foundation members.
Base contributors faced accusations of trying to displace Solana entirely.
Supporters like Alexander Cutler claim a Base token could inject “billions” into the ecosystem.
Critics highlight conflicts of interest and past denials from Coinbase and Base leadership.
Bridge announcements and messaging about “ecosystem cooperation” failed to calm either side.

Base chain by Coinbase ignited fresh debate as reported in crypto news on December 4, 2025. This occurred even as a Solana bridge launch secured by Chainlink’s CCIP was announced.
The bridge enables seamless asset transfers between the ecosystems. Yet the move sparked immediate backlash from Solana loyalists who accused Base of predatory intent.
This escalated a rivalry that saw Base TVL surge 20% to $10 billion in November while Solana held steady at $5.2 billion, as per Def

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