The basic network expands access: the main update of encryption traders in 2025 | Flash news details

The cryptocurrency market ignores the last announcement of Jesse Pollack, a prominent personality in the encryption space, which was tweet on May 6, 2025, that “the rule is for all.” This statement, which was shared via the official Twitter account under the Jesse.Base.ETH handle, refers to a comprehensive approach to the basic protocol, which is the scaling of layer 2 for Ethereum developed by Coinbase. This development has caused great attention to traders and investors, as Base aims to enhance the expansion of ETHEREM by providing faster and cheaper transactions while maintaining safety. As of May 6, 2025, at 10:00 AM UTC, the advertisement coincided with a noticeable increase in activity on the series of al Qaeda transactions, with daily transactions on the basic network that leaks 12 % within 24 hours, according to data from sand dune analyzes. This increase reflects the user’s increasing and interesting user, which is likely to be located as a major player in the ecosystems of the -2. Meanwhile, in the context of the broader securities market, Coinbase (Coin), which is listed on the Nasdaq Stock Exchange, witnessed a modest increase of 1.8 % on the same day by 11:00 am International time, Yahoo said. This stock movement indicates the positive investors’ participation towards Coinbase’s participation in the developmental Blockchain solutions like the base, which can have ripples on encryption markets, especially for ETHEREUM (ETH) and relevant symbols.

From the trading perspective, the announcement of the comprehensive approach to Base opens many opportunities in the encryption market. ETHEREUM (ETH), where the basic backed Blockchain registered, recorded a 2.3 % price increased within 12 hours of tweet, moving from $ 3100 to $ 3171 by May 6, 2025, at 10:00 pm UTC, based on data from Coingecko. The trading volume of ETH also increased by 9.4 % during this period, indicating an increase in the market interest. In addition, she saw the symbols associated with layer -2 solutions, such as optimism (OP) and Arbi (ARB), associated price movements, where OP gained 1.7 % to $ 2.85 and ARB rose 1.5 % to $ 1.02 by May 7, 2025, at 2:00 am International time. These movements indicate that traders are looking for the second -class novels as a possible growth sector. For the stock market relationships, the slight rise in the price of Coinbase reflects the institutional confidence in the potential of the base growth, which can push more capital to the assets based on Ethereum. ETH/USD or ETH/BTC traders may think of exchanges such as Binance or Kraken, while monitoring Coinbase stocks for more upscale signals that can amplify the momentum of the encryption market. However, the risks remain, as the competition of the 2 layer is fierce, and any delay in developing a base that can inhibit feelings.

Dive into technical indicators, the ETHEREUM price procedure after cancellation appears above the level of resistance, which is valued at $ 3,150 on the graph for 4 hours as of May 6, 2025, at 8:00 pm UTC, with the RSI in 62, indicating an excessive climbing momentum, for all trading data. The scales on the chain support this trend, as the total closed value (TVL) increased by 8 % to $ 1.2 billion within 48 hours of Twitter, as Devilia said. The trading volumes of the decentralized applications of the base also increased, with a 15 % increase in daily active users by May 7, 2025, at 6:00 am UTC. In terms of inventory associations, the 1.8 % increase in Coinbase shares correspond to an increase of 3 % in institutional flows to Ethereum Etfs on the same day, according to Coinshares data. This indicates that traditional financial players are tired by listing the expansion of Ethereum, and they may direct more capital to the encryption markets. For merchants, the main levels that must be seen immediately support for ETH at $ 3100 and resistant to $ 3,200, with a break over the latter may lead to more upward trend. Meanwhile, the volume of Coinbase, which rose by 2.5 million shares, which was traded on May 6, 2025, can provide at 3:00 pm UTC for every data on the Nasdaq Stock Exchange, evidence about the ongoing institutional interest. The interaction between the stock market movements and the encryption assets such as ETH highlights increasing synergy, providing opportunities for trading across the market for smart investors.

In short, the basic announcement and its compatibility with the performance of Coinbase shares confirm a pivotal moment for ETHEREUM and Layer-2 solutions. Traders should remain vigilant for fluctuation in ETH and relevant throwing with the use of stock market signals to measure the flow of institutional funds. This event shows how Blockchain developments can affect both markets and traditional markets, creating a unique scene of various trading strategies.