Superbridge Bridged wstETH (Base)
wsteth
#218Superbridge Bridged wstETH (Base)
Superbridge Bridged wstETH (Base)
wsteth#218
Mcap$173M$2,783.383.35%
wsteth Metrics
Spot Volume (24H)
$839.95K+0.42%
Marketcap
$173M
FDV
$174M
Circ. Supply
62,631
Max Supply
-
Mcap/FDV
99.26%
Total Supply
62,631
Sector Ranking
-
wsteth Performance
All Time High
$5,970-53.38%
Aug 24, 2025
Cycle Low
$1,885+47.69%
Jun 06, 2026
Trending
wsteth Metrics
Spot Volume (24H)
$839.95K+0.42%
Marketcap
$173M
Last Updated: Oct-29-2026 11:11 UTC
Superbridge Bridged wstETH (Base) — Project Update
Get Caught Up
Base's cross-chain expansion accelerates. Base has become the dominant destination for bridged assets, holding 37.92% of Ethereum's bridged Total Value Locked (TVL) as of May 2025 — the largest share of any chain, ahead of Arbitrum (25.51%) and Polygon (19.90%) 1. This consolidation reflects Base's growing role as a primary hub for assets moving onto Ethereum Layer 2 networks.
New Base–Solana bridge goes live. A custom-engineered bridge connecting Base and Solana launched to enable direct asset and message transfers, using a "lock and mint" mechanism where assets are locked on one chain and a representation is minted on the other 2. The bridge is secured by Chainlink's Cross-Chain Interoperability Protocol (CCIP) and independently verified by Coinbase node operators, allowing Base developers to natively support Solana assets like SOL and SPL tokens 3. This matters because it positions Base as a hub for cross-network assets and reduces reliance on third-party bridging options.
Lido rethinks wstETH bridging. At SmartCon 2025, Lido discussed the limitations of wrapped staked ETH (wstETH) — a tokenized, transferable version of staked ETH — noting that its canonical bridging to 15 chains is slow and lacks a scalable way to move between chains without returning to Ethereum mainnet . The proposed future uses a "burn and mint" model via Chainlink's CCIP to enable faster, cheaper, and more secure cross-chain transfers . This is directly relevant to bridged wstETH on Base, as it signals a potential shift in how the asset is moved and secured across networks.
Biggest Stories of 2025
- Base–Solana bridge launch: A native bridge connecting Base and Solana went live, secured by Chainlink CCIP and Coinbase node operators, enabling bidirectional asset transfers and native Solana asset support on Base 32. (December 2025)
- Lido's wstETH cross-chain vision: Lido outlined plans to move wstETH toward a "burn and mint" model via Chainlink CCIP, addressing the slow, canonical bridging that currently limits cross-chain usability . (December 2025)
- Base mainnet parameter changes: Base raised its minimum base fee from 200,000 wei to 500,000 wei and increased the per-block gas limit from 300,000,000 to 375,000,000 gas, aimed at improving throughput and lowering average fees during high activity 5. (December 2025)
- Jovian network upgrade: Base implemented the "Jovian" upgrade, requiring node operators to update to v0.14.3 and introducing a minimum base fee of 200,000 wei to support future gas target increases 6. (December 2025)
- Base's dominant bridged TVL position: Base captured 37.92% of Ethereum's bridged TVL, gaining 8.44% share in H1 2025 and cementing its lead among bridging destinations 1. (May 2025)
- Base leads Superchain metrics: Base accounted for 66.9% of the Optimism Superchain's $18.61 billion Total Value Secured and drove roughly 87.7% of average daily spot trading volume across the Superchain's major chains 78. (June 2025)
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