Hey Edge readers,

Coinbase just dropped Base App, a bold new take on what a crypto wallet can be. Instead of simply showing balances and transaction history, this app brings everything onchain into one sleek experience, decentralized social feeds, chat, tap‑to‑pay USDC, AI helpers, and mini‑apps that feel like something out of Web2. Let’s check it out.

Stay sharp. 🫡

-The Exponential team

From Wallet to Everything App

Base App is a rebrand of Coinbase Wallet, but the upgrade is more like a full transformation. The landing screen isn’t a portfolio view, but a Farcaster feed where each post is an NFT minted on Zora. This gives users instant ownership of their content and the ability to monetize it in real time.

Trading is still there, but it’s tucked behind the scenes. Instead, the focus is on social connection, sharing, and utility. In just a few taps, users can mint posts, send tokens in chat, or explore games and dapps without leaving the app.

Talk, Pay, Earn, All Onchain

One of Base App’s most exciting features is its integration of XMTP for encrypted messaging. Users can chat and send crypto in the same thread, no QR codes or awkward address copying needed. As easy as Telegram or WhatsApp.

Another cool feature is “Base Pay” which enables USDC payments via NFC. It’s contactless, gas‑free for users and merchants, and supported by Shopify for real-world commerce. Plus, Coinbase plans to offer 1% USDC cash back for U.S. users. It’s fast, familiar, and could make crypto payments feel as smooth as Venmo or Apple Pay.

One Wallet, One Identity, Nine Chains

Base App introduces Base Account, a smart contract wallet that doubles as your passport across Web3. It supports nine EVM-compatible networks, so one login gives you access to dapps, marketplaces, and games across the entire ecosystem. You sign in once, and everything just connects.

It also holds private metadata like email or shipping info in a secure vault, which means you can make real purchases or receive physical items without doxing your wallet. It’s the kind of UX people expect from modern apps, now finally available onchain. No seed phrases, no Metamask, no friction.

Mini-Apps, AI, and the New Onchain UX

Mini-apps inside Base work like mobile-native versions of your favorite dapps. You can swap tokens, enter a prediction market, mint NFTs, or play games, all without ever leaving the app. They're lightweight, instant, and mobile-first. No need to hop between websites or approve endless pop-ups.

To top it off, “Based Agent”, an on-device AI, acts like your crypto co-pilot. It explains complex transactions, helps you confirm intent, and can even automate yield strategies. For newcomers, this is huge. You don’t need to know what a gas fee is to use DeFi. You just press a button and it works.

A Step Toward Mass Adoption

For the first time, all the puzzle pieces connect. Social content, crypto rewards, smart wallets, and seamless payments, all under one roof. Base App doesn’t just make crypto more accessible, it makes it desirable. The app feels familiar but opens the door to something new.

Picture this: You post a meme on your Farcaster feed. Someone tips you $5 in USDC. You chat with a friend about using it to join a World Cup prediction market. You win. Your Based Agent reinvests the winnings into the YO mini-app. Later, you buy a coffee by tapping your phone. No seed phrases. No exchanges. No browser extensions. Just crypto, working quietly in the background.

In the news 🗞️

• BlackRock’s Crypto Head Joins Ethereum Treasury Firm SharpLink: Joseph Chalom, who led BlackRock’s digital assets strategy, has joined SharpLink Gaming as co-CEO. The move highlights rising institutional focus on Ethereum, with SharpLink now holding over $1.3B in ETH as part of its treasury accumulation strategy.

• Pump.fun Revenue Craters to 10-Month Low Amid Memecoin Decline: Once-dominant launchpad Pump.fun has seen daily revenue drop below $300K as competition from LetsBonk surges. Criticism over its token launch and canceled airdrop has added pressure, with PUMP now trading 33% below its ICO price.

• Momentum DEX Hits $100M Daily Volume, Eyes Cross-Chain Expansion: Momentum, Sui’s top DEX, has surpassed $100M in daily trading and $156M in TVL, recovering rapidly after May’s ecosystem exploit. The team now plans to bring EVM and Solana assets to Sui via Wormhole, while remaining focused on building high-performance infrastructure on Sui.

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