BSV Surges on AWS Scaling Milestone and Coinbase Speculation

Bitcoin SV has seen a price surge due to several factors, including a recent scaling milestone and speculation about Coinbase's Base Wallet.

A technical scalability demonstration by the BSV Association, showcasing a blockchain node handling around one million transactions per second on Amazon infrastructure, has been circulating among advocates. This highlights BSV's ability to support high-throughput applications and reinforces its core value proposition of extreme on-chain scale.

The AWS engineering blog also aligns with BSV's narrative that it is closer to the original Satoshi vision than BTC or BCH, resonating with its existing community. The timing coincides with a gradual increase in BSV's price, suggesting a narrative-driven bid rather than a one-off listing shock.

In addition, speculation around Coinbase's Base Wallet has emerged, with some traders noticing that they can now go long or short BSV through the wallet. Although not an official press release, this perception of increased accessibility is contributing to the price increase, especially in relatively illiquid assets like BSV.