Shares in Coinbase (COIN) stock ticked upward during Friday’s trading session after the crypto exchange announced its plans to acquire Solana’s Vector. Vector is an on-chain trading platform built on Solana. Per an official Coinbase statement, Vector’s technology will be integrated into the consumer trading experience to give users broader access to on-chain markets.

“We’re bringing on the Solana-native team and technology behind Vector, an on-chain trading platform that gives traders access to one of the most active, high-velocity trading ecosystems in crypto,” Coinbase wrote in a blog post this week. “According to Messari research, Solana’s decentralized exchange (DEX) volume for 2025 has already exceeded $1 trillion. This acquisition will help make Coinbase the best place to trade by broadening asset availability and improving the experience of trading assets through our DEX trading integration in Coinbase.”

Coinbase’s stock (COIN) has dipped in the past week by over 13%, and even received a forecast downgrade on Wall Street. Erste Group’s Hans Engel downgraded COIN to Hold from Buy, citing pressure from its low-cost Bitcoin ETFs that could hurt profitability. Wall Street analysts have a Moderate Buy consensus rating on COIN stock based on 15 Buys, six Holds, and one Sell assigned in the past three months. Furthermore, the average Coinbase stock price target of $400.63 per share implies 67.89% upside potential.

Also Read: UBS Turns Mega-Bullish: Gold to $4,900 as the U.S. Dollar Cracks

While Coinbase stock has skidded this week, the price of Solana (SOL) is also down over 12% this week. With the US government shutdown finally over, investors are hoping for an improved crypto and stock market to come soon, after almost a month of top assets trading in the red. At press time, COIN is trading near the bottom of its 52-week range and below its 200-day simple moving average.

Shares in Coinbase (COIN) stock ticked upward during Friday’s trading session after the crypto exchange announced its plans to acquire Solana’s Vector. Vector is an on-chain trading platform built on Solana. Per an official Coinbase statement, Vector’s technology will be integrated into the consumer trading experience to give users broader access to on-chain markets.

“We’re bringing on the Solana-native team and technology behind Vector, an on-chain trading platform that gives traders access to one of the most active, high-velocity trading ecosystems in crypto,” Coinbase wrote in a blog post this week. “According to Messari research, Solana’s decentralized exchange (DEX) volume for 2025 has already exceeded $1 trillion. This acquisition will help make Coinbase the best place to trade by broadening asset availability and improving the experience of trading assets through our DEX trading integration in Coinbase.”

Coinbase’s stock (COIN) has dipped in the past week by over 13%, and even received a forecast downgrade on Wall Street. Erste Group’s Hans Engel downgraded COIN to Hold from Buy, citing pressure from its low-cost Bitcoin ETFs that could hurt profitability. Wall Street analysts have a Moderate Buy consensus rating on COIN stock based on 15 Buys, six Holds, and one Sell assigned in the past three months. Furthermore, the average Coinbase stock price target of $400.63 per share implies 67.89% upside potential.

Also Read: UBS Turns Mega-Bullish: Gold to $4,900 as the U.S. Dollar Cracks

While Coinbase stock has skidded this week, the price of Solana (SOL) is also down over 12% this week. With the US government shutdown finally over, investors are hoping for an improved crypto and stock market to come soon, after almost a month of top assets trading in the red. At press time, COIN is trading near the bottom of its 52-week range and below its 200-day simple moving average.