- Leading US-based cryptocurrency exchange Coinbase has added an explosive altcoin to its list of digital assets that it plans to list in the second quarter of 2022. After this announcement, the altcoin experienced an impressive rise.
An Ethereum (ETH) competitor working to accelerate Web 3.0 adoption is Coinbase, the largest US crypto exchange. listing roadmapincreases after its addition.
coinbase listing roadmapconsists of crypto projects that are currently being actively considered for inclusion in the exchange’s list of supported assets. The exchange, which updates this list every day, ensures that positive price movements occur in altcoins that are expected to be listed.
The same happened today, and in an announcement on its official Twitter account, Coinbase has launched a decentralized application (DApp) platform. Near Protocol (NEAR) He stated that he updated the roadmap with the addition of
Asset added to the roadmap today: Near Protocol (NEAR)https://t.co/zu1IBdrD7X
— Coinbase Assets (@CoinbaseAssets) August 10, 2022
Near Protocol’s Proof-of-Stake (PoS) blockchain is designed to not only solve industry-wide scaling issues, but also be user-friendly for developers and non-tech savvy alike.
NEAR, the platform’s local government token, can be used to earn staking rewards by online storage, paying transaction fees, and verifying network transactions.
On its website, Near Protocol describes itself as:
“With simple, secure and scalable technology, NEAR empowers millions of people to invent and explore new experiences.
Redefining business, creativity and community for a more sustainable and inclusive future.
We envision a world where people own their money, data, and the tools they need to create new ideas.”
The project claims to be carbon neutral since February 2021 and also boasts low transaction fees and the ability to communicate across different blockchains.
Close Protocol’s charts have been performing upwards recently, up 71.2 percent since last month and 29.2 percent since last Wednesday.
NEAR surged more than 13 percent on the day after this listing announcement and is trading at $5.92.
Coinbase’s listing roadmap was originally created to increase transparency by “providing as much information symmetry as possible” and to communicate with the market before deciding to list an asset.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.