Coinbase Puts Gnosis, Metal & Raydium on its Roadmap
Annie Li Jul 18, 2022 09:00
U.S. Nasdaq-listed cryptocurrency trading platform Coinbase has updated its roadmap, adding two Ethereum-based altcoins, Gnosis (GNO) and Metal (MTL), and a project built on the Solana blockchain Raydium (RAY).
U.S. Nasdaq-listed cryptocurrency trading platform Coinbase has updated its roadmap, adding two Ethereum-based altcoins, Gnosis (GNO) and Metal (MTL), and Solana-based blockchain project Raydium (RAY).
Gnosis builds decentralized infrastructure for the Ethereum ecosystem, a protocol designed to be a decentralized prediction market built on the Ethereum (ETH) blockchain.
Upon listing, Gnosis was up 5.43% in the last 24 hours. The live Gnosis price was trading at $143.10 with a 24-hour trading volume of $4,432,452.
Metal (MTL) is an Ethereum-based payment platform. Metal Pay allows users to register a free bank account and buy and sell over 50 cryptocurrencies. Metal's price was $1.26 with a 24-hour trading volume of $14933541 during the intraday.
The third project goes to Raydium, an Automated Market Maker (AMM) and liquidity provider built on the Solana blockchain for the Serum Decentralized Exchange (DEX).
Raydium has the first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem.
Coinbase's latest move triggered RAY to surge 10% from $0.86 to $0.95.
In order to Increase transparency for new asset listings on Coinbase, Coinbase's listing roadmap is a set of crypto projects that may be joining the exchange's list of supported assets.
Image source: Shutterstock