Crypto Scenario Insights
What happened
Coinbase CEO Brian Armstrong anticipates a consolidation among the ~110 corporate blockchains, citing the difficulty of sustaining activity beyond initial user adoption.
What we think
The most likely outcome is a gradual consolidation of corporate blockchains, with some activity migrating to established L2s like Coinbase's Base, supported by historical market trends and the challenges of sustaining bl…
Read the analysis
Corporate Blockchains Face Consolidation — Will Coinbase Base Absorb Weaker Networks?
We explain what happened and what could follow. We do not forecast prices.