Coinbase Smart Wallet Don Pass 1 Million Accounts, E Dey Boost DeFi for Base
Coinbase Smart Wallet don pass 1 million accounts, na im push by 270,000 new wallets wey dem create for just one day on August 16, 2025. Dis milestone dey show say DeFi dey grow well-well for Base network. As more pipo dey use the Smart Wallet passkey authentication plus the easy way to manage digital asset dem, e mean say Total Value Locked (TVL) for Base go likely increase. Dis kain fast growth na like the ones wey show before for other Layer 2 adoption, wen user interest make network get more use and liquidity. Coinbase Smart Wallet strong performance show say people want better and easy decentralized finance solutions. Traders make dem dey watch Base network metrics and TVL moves because e fit give early signs of DeFi activities and token performance.
Bullish
Di cepat wey Coinbase Smart Wallet dey gather people show say plenty people want access to DeFi for Base network. For history, anytime wey Layer 2 wallet or network user dem grow finish, e dey usually come before big increases for on-chain liquidity and token value. The 270,000 new accounts wey enter for one day mean say Total Value Locked dey rise, wey fit make people get positive mind and trade more for Base ecosystem tokens. Short term, traders fit see more on-chain activities and trading chances. Long term, if user growth continue, e fit make network work better and push up value of related assets. So, this development generally mean say DeFi market go better.