Base’s Anticipated Major Event Announcement on July 16

Base co-founder Jesse Pollak has announced a major upcoming event on July 16, 2025, through the X platform.

The announcement may influence Ethereum and Base-related tokens amidst market speculation.

Base Teases Event Amid Speculation and Market Anticipation

Jesse Pollak, co-founder of Base, signaled a significant announcement for July 16, 2025. The news was shared on June 29 via X, a platform formerly known as Twitter. Pollak, who previously led engineering at Coinbase, has not disclosed specific details about the event.

Potential changes associated with this announcement might involve infrastructure upgrades, ecosystem incentives, or partnerships. The lack of details from official channels has spurred various speculations within the community, particularly regarding effects on the Ethereum Layer-2 and its tokens. Jesse Pollak has mentioned that a “major announcement regarding Base will be revealed on July 16th, 2025.” source

Market anticipation is visible, but no concrete reactions have surfaced publicly. No influential statements from significant figures like Arthur Hayes, CZ, or Vitalik Buterin have been made about this upcoming announcement. The community remains in a state of cautious observance.

Past Layer-2 Updates and Possible Market Impacts

Did you know? In the past, major updates from Layer-2 solutions like Base often cause short-lived spikes in Ethereum transaction fees and liquidity shifts within the decentralized finance space.

As of June 29, 2025, according to CoinMarketCap, Ethereum (ETH) is trading at $2,448.79, with a 24-hour volume of $9.31 billion and a market dominance of 8.91%. In the past 90 days, ETH has increased by 35.51%.

Insights from the Coincu research team suggest potential technological advancements could enhance Base’s scalability, attracting more developers. Financial impacts might include temporary boosts in Ethereum activity, although a longer-term influence depends on the specifics of the announcement.