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Two Solana-Based Tokens Surge After Coinbase Announces Surprise Roadmap Listing – The Daily Hodl

28 March 2024
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Two Solana (SOL)-based altcoins surged in worth after Coinbase introduced they may quickly be buying and selling on its platform.

On Tuesday, the highest US crypto change added Shadow Token (SHDW) and Neon EVM (NEON) to its itemizing roadmap, which alerts prospects that the corporate may quickly add assist for sure belongings.

Shadow Token is a cryptocurrency designed for the sustainability and safety of decentralized knowledge storage infrastructure. It serves because the native token for the ShdwDrive community, a high-performance cloud storage platform.

SHDW, the 241st-ranked crypto asset by market cap, is buying and selling at $2.11 at time of writing and is up greater than 53% up to now 24 hours. The Singapore-based change Crypto.com additionally rolled out buying and selling assist for SHDW on its app on Wednesday.

Neon EVM is an Ethereum Digital Machine (EVM) that goals to allow builders to construct and deploy DApps from EVM chains to Solana. NEON serves because the undertaking’s utility token for gasoline charges and governance.

NEON is buying and selling at $1.70 at time of writing. The 527th-ranked crypto asset by market cap is up 21.5% up to now 24 hours.

Coinbase created its itemizing roadmap in 2022 to extend transparency and scale back the opportunity of buyers front-running new buying and selling assist bulletins.

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Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in online marketing.

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