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Coinbase Adds Yet-To-Be-Launched Solana-Based Altcoin to Listing Roadmap – The Daily Hodl

Cryptocurrency exchange Coinbase has announced the addition of a new Solana (SOL)-based altcoin to its listing roadmap ahead of the token launch.

announcement Coinbase announced via social media platform X that it is adding Tensor (TNSR) to its listing roadmap.

Coinbase’s listing roadmap is designed to warn users before listing their crypto assets to prevent insider trading and promote transparency.

According to recent information, Tensor is Solana’s most popular non-fungible token (NFT) platform and plans to launch its own token next week. thread In project X.

TNSR tokens will be airdropped via the Jupiter (JUP) decentralized exchange (DEX) aggregator along with a “treasure chest” for Tensor Protocol users.

Tensor regularly overtakes Magic Eden, a Solana-based NFT market, in volume, according to the analytics platform Tiexo. As of this writing, Tensor has the highest number of unique wallets and the most newly created wallets in the past 24 hours.

Coinbase CEO Brian Armstrong has previously stated that the exchange aims to list as many crypto assets as possible as long as they meet the company’s standards.

“It’s like Amazon, where sometimes a product gets 3 stars, sometimes it gets 5 stars, but if it starts getting 1 star all the time, it’s probably because It’s counterfeit or defective or something, and Amazon will probably remove it. Otherwise, you’ll want to let the market decide what these are.”

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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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