Base Ecosystem Fund Backs 30+ Global Teams Amid ETH Price Volatility

Base's ecosystem fund has backed over 30 teams worldwide, according to founder Jesse Pollak. The teams are spread across various sectors, including finance, with no prior ties to Coinbase.

Pollak explained that the Base ecosystem fund is focused on accelerating onchain adoption by funding builders and innovators in these areas.

The current market situation for ETH is mixed, with prices fluctuating within a range of $1866.52 to $1955.08 as per Bollinger Bands.

However, the 4h chart reveals a bullish trend, with ETH holding above its EMA50 at $1901.59 and EMA200 at $1824.45. The Relative Strength Index (RSI) is at 53.53, indicating a neutral stance, while the MACD golden cross signals continuation.