Coinbase Enables Support for AWE on Base Network

Coinbase announced on September 3rd that it will support the AWE token exclusively on its Base network, allowing phased AWE-USD trading contingent upon liquidity availability.

This integration underscores Base’s growing ecosystem while cautioning users against cross-network transfers to prevent irreversible loss of funds.

Coinbase’s Move towards Layer 2 Crypto Solutions

Coinbase has announced support for the Awe (AWE) token on the Base network, effective September 3rd, 2025. Trading of the AWE-USD pair is contingent on liquidity.

Coinbase’s support for AWE strengthens institutional acceptance within the crypto domain. The decision reflects Coinbase’s focus on layer 2 solutions, enhancing network activity and liquidity. The phased rollout of the AWE-USD trading pair further underscores commitment to liquidity-driven market launches.

Jesse Pollak, Creator and Lead of Base, Coinbase, said, “The AWE token represents a significant addition to the Base ecosystem, enhancing our offerings and ensuring a diverse range of assets for our users.”

Market reactions have been cautious, as the necessity for Base-only transfers introduces new challenges. Coinbase’s announcement did not feature comments from key company figures, leaving community discussions predominantly on user forums and social media, focusing on the implications of non-Base transfers.

AWE Token Performance and Market Outlook

Did you know? In previous Coinbase listings for layer 2 networks, tokens experienced significant short-term liquidity increases, which could potentially occur with AWE on Base.

According to CoinMarketCap, AWE’s current price stands at $0.05 with a market cap of approximately $101.55 million, commanding a 0.26% market dominance. Trading volume over the past 24 hours totaled around $9.59 million, reflecting a 13.76% decrease. Over recent periods, AWE’s price has shown fluctuations, with a 5.76% increase in 24 hours, a 3.91% rise over 7 days, but a decline by 6.84% in 30 days, 9.57% over 60 days, and 3.21% in 90 days. This dynamic is viewed within the context of a fixed circulating supply of just over 1.94 billion tokens.

Coincu research highlights that the adoption of AWE could stimulate tangible ecosystem growth, driven by technological trends favoring layer 2 networks. Future projections indicate sustained development, contingent on regulatory compliance and continued innovation within Base’s layered infrastructure.