The launch of Robinhood Chain is set to become a key factor driving Base to issue its token. As I mentioned a year ago: with @base's money-printing capabilities, the probability of issuing a token in the short term was low. The day it struggles to print money will be the day Base issues its token. This timeline has been pushed forward due to the disruption caused by @RobinhoodApp Chain. Since the RH Chain mainnet went live, Base's money-printing ability has significantly declined and is now at a historic low. In other words, Base Chain, as Coinbase's machine for making money and stacking $BTC, is contributing less and less capital. Once the remaining value is gradually squeezed out, issuing a token becomes the top priority. If things move quickly, it could happen in Q4 this year. If slower, then Q1 next year.