Layer-2 Solutions Will Transform the Crypto Economy: Coinbase CEO

Coinbase CEO, Brian Armstrong says he sees layer-2 scaling solutions facilitating the explosion of crypto use cases with lower fees and faster transaction times.

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Brian Armstrong goes on to put the spotlight on Base, Coinbase’s Ethereum layer-2 designed to onboard billions of users into web3.

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Brian Armstrong is optimistic that layer-2 scaling solutions will transform the crypto economy.

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As for Bitcoin, Armstrong says the spot market exchange-traded funds have helped re-energize the entire crypto market.

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Brian Armstrong also emphasized that the Developer activity on Base increased eightfold in Q1.

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