Base aims to build a global onchain economy by scaling its gas target to 250 Mgas/s by 2025, significantly reducing gas fees. In Q1, it achieved 25 Mgas/s, with plans to reach 50 Mgas/s by the end of Q2. The article outlines progress on scaling bottlenecks, including improvements from the upcoming Pectra hard fork and advancements in client execution speed and fault proof systems.

The article discusses strategies for Ethereum to enhance its competitive edge and secure its position in the blockchain ecosystem. It emphasizes the importance of scalability, usability, and community engagement to attract and retain users. Key recommendations include improving transaction speeds and fostering developer innovation.