Coinbase’s Base Targets June 25 For Beryl Upgrade And New B20 Token Standard
Coinbase’s Base network is set for a June 25 Beryl mainnet upgrade that could introduce B20, a new token standard aimed at making token creation and storage cheaper and more efficient on the Ethereum Layer-2. The upgrade is meant to reduce state storage demands and improve gas efficiency, which could lower the cost of launching and managing tokens on Base. That matters because Base is already one of the most active L2s, benefiting from Coinbase distribution and low-cost on-chain activity. Cheaper token issuance could attract more app teams, meme coins, gaming projects, and DeFi protocols, though it also raises the risk of Base becoming too much of a token factory. Traders are watching because lower friction could spur more launches and experimentation, boosting activity on the network. More broadly, the upgrade is part of the competition among Ethereum scaling networks, where developer tools, liquidity, app distribution, and token ecosystems matter as much as fees. The key follow-up is whether the upgrade lands on schedule and whether developers actually adopt B20.
