The direction adjustment of Base is worth paying attention to. It is understood that although Base has not yet launched a native token, its actions are already quite clear — since last year, the focus has gradually shifted from social wallets to on-chain trading hubs. What does this mean? In simple terms, it aims to become the gateway for all assets to trade, creating demand and liquidity for various on-chain assets through this position, thereby attracting users and capital to settle. Is this strategy feasible? At least from the perspective of ecosystem layout, the ambition is not small. Once the identity is successfully transformed, it will be a significant boost to the growth momentum of the entire Base ecosystem.