Trueo Ditches Base for Ethereum in Pursuit of Broader Integration

Trueo, a layer-2 scaling solution, has moved from Base to Ethereum, citing broader integration and an Oracle upgrade. The move is significant as Trueo aims to leverage Ethereum's vast ecosystem and user base.

The decision comes after the developers of EIP-8130 (Ethereum) and EIP-8141 (Base) abandoned their joint effort to synchronize the two account abstraction proposals due to opposing priorities.

According to a recent report, Ethereum dominates 69.5% of the euro stablecoin market, followed by Solana with 14.8%, and Base with 6.9%. This concentration in the market highlights the importance of Ethereum's position.