Key highlights:
- Coinbase rebranded Base App to Coinbase Wallet, separating the wallet from the Base blockchain branding
- The rebrand addressed confusion over Base’s role, as Coinbase Wallet supports Bitcoin, Solana, Ethereum, and multiple EVM networks
- Base continues to grow, racking up $5.7 billion in TVL and 277.5 million transactions in August
Coinbase has renamed its Base App back to Coinbase Wallet, reversing a rebrand that lasted over a year as the company positions the self-custody wallet as a multichain trading platform. The move addresses a major source of confusion around the Base name, which led some users to associate the wallet primarily with Coinbase’s Base network.
Coinbase moves away from the Base-only perception
Coinbase has
The network’s cumulative address count has also surged. However, cumulative addresses should not be treated as a direct measure of users because a single person or application can generate multiple addresses.
Coinbase has highlighted Base’s growing role in stablecoin activity in the ecosystem. The company reported that stablecoin transaction volume on Base increased sevenfold year over year in Q2 2026.
Source:: Coinbase Renames Base App Back to Coinbase Wallet Amid Confusion Over Supported Chains