Odaily Planet Daily News Nansen CEO Alex Svanevik wrote on the X platform that Base's very wise move is to build L2 on Ethereum, which can take advantage of the most powerful development ecosystem in the cryptocurrency field and the distribution advantages of more than 100 million end users on Coinbase. From a brand perspective, Base is highly "Ethereum-ized" for developers, much more so than BNB Chain, which has historically attracted relatively few developers. Most other chains must choose between developers or end users, but Base may be the L2 that currently has the best balance between developers and end users.