Solana’s Shadow Rallies 55% & Neon Soars 22% Amid Coinbase Listing
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Coinbase, the leading cryptocurrency exchange, has added two new assets to its roadmap today. The newly listed assets are Solana ecosystem’s Shadow Token (SHDW) and Neon EVM (NEON), both of which are SLP tokens. Moreover, the SHDW and NEON prices skyrocketed after the latest announcement.
Coinbase Lists Shadow & Neon
Shadow Token is described as the utility token powering the Shadow dePIN ecosystem. Furthermore, it aims to revolutionize the way transactions are conducted within its ecosystem. On the other hand, Neon EVM is a smart contract operating on the Solana blockchain, offering innovative solutions within the decentralized finance (DeFi) space.
Following the announcement of their addition to Coinbase’s roadmap, both SHDW and NEON experienced a remarkable surge in their prices. This reflects the market’s enthusiasm for these new listings, especially amid the Solana community.
In a recent blog post, Coinbase reaffirmed its commitment to expanding its asset offerings while maintaining rigorous standards for legal, compliance, and technical security. The exchange emphasized that its evaluation criteria do not consider factors such as market capitalization or project popularity. Instead, Coinbase focuses on ensuring that listed assets meet stringent requirements to safeguard users’ funds and uphold the integrity of its platform.
However, Coinbase also noted that not all projects meet its standards. This indicates that there are assets that have been excluded from listing at this time due to regulatory concerns or other reasons. Hence, the addition of SHDW and NEON to Coinbase’s roadmap represents a significant milestone for both projects, providing them with increased exposure and credibility within the cryptocurrency ecosystem.
Also Read: Coinbase To Store Users’ USDC Balances On Base Network
Shadow & Neon Price Rally
As of writing, the Shadow price skyrocketed by 55.39% to $2.26. Whilst, the Neon price surged 21.94% to $1.78 on Wednesday, March 27.
Also Read: Bitcoin Exchange Supply Hits All-Time Low With 58K BTC Pulled Out Of Coinbase
The post Solana’s Shadow Rallies 55% & Neon Soars 22% Amid Coinbase Listing appeared first on CoinGape.
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Coins
$ 92.87K
+0.99%
$ 0.00347
$ 0.99993
+0.01%
$ 141.66
+1.28%
$ 0.000908
+1.14%
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Coins
$ 92.87K
+0.99%$ 0.00347
$ 0.99993
+0.01%$ 141.66
+1.28%$ 0.000908
+1.14%Share:
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Solana Price Prediction: 21 Days of Straight ETF Inflows – Is SOL the Strongest Bet in Crypto Right Now?
Solana price climbs 10% amid broader crypto gains: SOL to $200 next?
Solana’s Shadow Rallies 55% & Neon Soars 22% Amid Coinbase Listing
Share:
Coinbase, the leading cryptocurrency exchange, has added two new assets to its roadmap today. The newly listed assets are Solana ecosystem’s Shadow Token (SHDW) and Neon EVM (NEON), both of which are SLP tokens. Moreover, the SHDW and NEON prices skyrocketed after the latest announcement.
Coinbase Lists Shadow & Neon
Shadow Token is described as the utility token powering the Shadow dePIN ecosystem. Furthermore, it aims to revolutionize the way transactions are conducted within its ecosystem. On the other hand, Neon EVM is a smart contract operating on the Solana blockchain, offering innovative solutions within the decentralized finance (DeFi) space.
Following the announcement of their addition to Coinbase’s roadmap, both SHDW and NEON experienced a remarkable surge in their prices. This reflects the market’s enthusiasm for these new listings, especially amid the Solana community.
In a recent blog post, Coinbase reaffirmed its commitment to expanding its asset offerings while maintaining rigorous standards for legal, compliance, and technical security. The exchange emphasized that its evaluation criteria do not consider factors such as market capitalization or project popularity. Instead, Coinbase focuses on ensuring that listed assets meet stringent requirements to safeguard users’ funds and uphold the integrity of its platform.
However, Coinbase also noted that not all projects meet its standards. This indicates that there are assets that have been excluded from listing at this time due to regulatory concerns or other reasons. Hence, the addition of SHDW and NEON to Coinbase’s roadmap represents a significant milestone for both projects, providing them with increased exposure and credibility within the cryptocurrency ecosystem.
Also Read: Coinbase To Store Users’ USDC Balances On Base Network
Shadow & Neon Price Rally
As of writing, the Shadow price skyrocketed by 55.39% to $2.26. Whilst, the Neon price surged 21.94% to $1.78 on Wednesday, March 27.
Also Read: Bitcoin Exchange Supply Hits All-Time Low With 58K BTC Pulled Out Of Coinbase
The post Solana’s Shadow Rallies 55% & Neon Soars 22% Amid Coinbase Listing appeared first on CoinGape.
In This News
Coins
$ 92.87K
+0.99%$ 0.00347
$ 0.99993
+0.01%$ 141.66
+1.28%$ 0.000908
+1.14%Share:
In This News
Coins
$ 92.87K
+0.99%$ 0.00347
$ 0.99993
+0.01%$ 141.66
+1.28%$ 0.000908
+1.14%Share:
Read More
Solana Price Prediction: 21 Days of Straight ETF Inflows – Is SOL the Strongest Bet in Crypto Right Now?