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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move designed to strengthen Layer 2 infrastructure, Coinbase's Base network is preparing to activate the Beryl upgrade on June 25, 2026. This marks the network's second major technical milestone, primarily focused on introducing the native B20 token standard. According to reports, the upgrade aims to provide a unified standard for tokens within the network environment, facilitating streamlined development and future ecosystem expansion.
The upgrade arrives amid intensifying competition in the Layer 2 space, where networks like Arbitrum (ARB) have seen significant growth in total value locked, while Base leverages its integration with Coinbase to capture market share. Per market data, the successful deployment of Beryl could enhance the network's appeal to developers, especially as adoption of Ethereum scaling solutions continues to accelerate globally.
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Sign InRegarding market performance, COIN shares closed at $163.26 (close June 18, 2026), having traded between a low of $160.54 and a high of $169.81. Traders are looking toward the June 25 activation as a potential catalyst, while the upcoming economic calendar remains relatively quiet for crypto-specific events, leaving the focus squarely on the technical execution of the Beryl upgrade.