a16z just released their State of Crypto 2025 report, ranking the top chains founders are building on. Ethereum and Base are the #1 and #2 chains founders choose. That's based.
Read more about what founders are doing in a16z's 2025 State of Crypto:
The main theme for the year is the maturation of the crypto industry:
• Traditional financial institutions and fintechs launched crypto products
• DeFi and stablecoins went mainstream
• Blockchains got faster and cheaper
• The
Flexa now supports Base Pay across major U.S. merchants:
Chipotle
Regal Cinemas
Barnes & Noble
Sheetz
And more
Pay with crypto straight from mini apps in the Base app.
Big moves in the capital stack: Coinbase acquired Echo, the leading onchain fundraising platform. New rails for raising capital are available to the Base ecosystem.
We’ve acquired @echodotxyz, the leading onchain capital raising platform.
→ Joining builders with community capital
→ Giving investors access to new opportunities
→ Growing economic freedom worldwide
Daylight raised $75M to build a decentralized energy network that powers the grid of the future. Distributed energy meets onchain coordination.
This funding helps us move faster toward an electric grid that delivers what the old one no longer can: affordability, reliability, and abundant power.
Chainlink has integrated S&P Global Ratings onto Base, making stablecoin risk assessments accessible directly to smart contracts.
LiveArtX introduced DeFi for Cultural RWAs, bringing art and luxury assets like Picassos and Rolexes onchain.
Memory Protocol launched FollowSync, letting you take your X follows to the Base app.
Solv Protocol integrated $cbBTC natively on Base.
AllUnity launched EURAU, a Euro-backed stablecoin.
Velora integrated Base’s native bridge for seamless ETH–Base transfers.
Hacken arrived to run protocol audits + pen tests on Base.
Recall is bringing AI competitions onchain, with transparent model rankings.
Common lets communities launch tokens, mint namespaces, run contests, gate access, and swap natively.
SmartFunds makes it easy to create compliant, tokenized SPVs in minutes, no lawyers or spreadsheets required.
normal mfer dropped Episode 5 of their animated series: “Shoot Your Shot”.
Beyond integrated with Base, bringing true Bitcoin interoperability, letting you move BTC, LSTs, and Runes directly to and from Base.
basketball.xyz lets you collect player cards, build a lineup, and compete in a basketball tournament..
Kairos launched on Base, unlocking onchain yield and interest rate hedging.
fxhash's new coin launcher makes it simple to create and collect.
Bond (formerly Royal) rebranded and relaunched, connecting music and onchain ownership
OverHerd is giving away $100,000 for anonymous takes in the Base app.
Rainbow added Base support to RainbowKit.
Talent Protocol is gathering 80 creatives in Lisbon on Nov 5 for a mini app build sprint.
Backroom launched Backroom Deals, an ICM incubator on Base, powered by Aerodrome.
Based builders keep shipping. The onchain world keeps expanding.
See you next week