Two Solana (SOL)-based altcoins rose in price after Coinbase announced they would soon be able to be traded on its platform.
The largest American crypto exchange takes place on Tuesday added Shadow Token (SHDW) and Neon EVM (NEON) to its listing roadmap, which warns customers that the company could soon add support for certain assets.
Shadow Token is a cryptocurrency designed for the sustainability and security of the decentralized data storage infrastructure. It serves as the native token for the ShdwDrive network, a powerful cloud storage platform.
SHDW, the 241st-ranked crypto asset by market cap, is trading at $2.11 at the time of writing and is up over 53% in the last 24 hours. Also the Singapore-based exchange Crypto.com rolled out trading support for SHDW on its app on Wednesday.
Neon EVM is an Ethereum Virtual Machine (EVM) that goals to enable developers to build and deploy DApps from EVM chains to Solana. NEON serves as the project’s utility token for gas reimbursement and governance.
NEON is trading at $1.70 at the time of writing. The 527th-ranked crypto asset by market capitalization is up 21.5% in the past 24 hours.
Coinbase has created its 2022 listing roadmap to increase transparency and reduce the possibility of investors getting ahead of the curve with new trading support announcements.
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Generated image: Midjourney