Alex Svanevik, CEO of Nansen, posted on the X platform that Base's very smart move is to build L2 on Ethereum, which can take advantage of the strongest development ecosystem in the cryptocurrency space, as well as the distribution of more than 100 million end users on Coinbase. From a brand perspective, Base is highly "Ethereum" for developers, far more so than BNB Chain and others, which have historically attracted fewer developers. Most other blockchains have to choose between developers or end users, but Base is probably the best L2 to balance between developers and end users right now.