Base Blockchain Leads Crypto Shift with Coinbase Smart Wallet and Improved Infrastructure

The crypto industry is currently experiencing a significant shift towards consumer applications, driven by improved infrastructure and user experience. Coinbase's Smart Wallet and OnchainKit, along with CoinbaseDev Paymaster, are highlighted as key innovations enhancing the user experience on the Base blockchain. This development is expected to make Base a leading platform in consumer crypto. Moonwell's integration with Coinbase Wallet and the new quest on layer3xyz further illustrate the advancements in the space. The industry is also seeing a growing emphasis on gradual growth and sustainable revenue models over instant financialization. Despite the challenges and skepticism, there is a strong belief among some investors that the improved infrastructure will enable crypto apps to succeed at scale for the first time.