How SocialFi, memecoins and AI pushed Base to the top of the L2 ladder

CoinTelegraph

by Yohan Yun

February 23, 2026

AI-Generated Deep Dive Summary

Base has emerged as a leading Ethereum layer-2 (L2) network by leveraging trends in SocialFi, memecoins, and AI-driven transactions. Initially launched in 2023 as an Optimism-based rollup, Base gained prominence through its innovative approach to these crypto trends. Now, the network is undergoing a significant transformation by transitioning from Optimism’s OP Stack to an internally maintained unified stack. This shift marks the biggest architectural change since its inception and aims to enhance operational efficiency and autonomy. Base's rise was fueled by several factors. The explosion of SocialFi projects on its platform allowed for creative DeFi applications, attracting users seeking interactive and community-driven experiences. Memecoins also played a role, sparking cultural movements within the crypto space and drawing significant attention from enthusiasts and critics alike. Additionally, AI agents began transacting on Base, introducing new dynamics to blockchain interactions that both intrigued and unsettled observers. The decision to develop an in-house software stack is strategic. This move enables faster upgrades, reducing reliance on external frameworks and allowing for a

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Originally published on CoinTelegraph on 2/23/2026