Coinbase, the largest exchange by trading volume in the United States, has added three new altcoins to its listing roadmap. This signals potential listing.
The tokens include Bankr Coin (BNKR), Jito Staking SOL (JITOSOL), and Metaplex (MPLX). Notably, this announcement triggered a price surge for all three tokens, with BNKR showing the largest double-digit increase.
Coinbase Adds BNKR, JITOSOL, MPLX to Listing Roadmap
The exchange recently announced this decision through a post on X (formerly Twitter). The announcement included the contract addresses for each asset:
- BNKR's Base Network address: 0x22af33fe49fd1fa80c7149773dde5890d3c76f3b.
- JITOSOL: J1toso1uCk3RLmjorhTtrVwY9HJ7X8V9yYac6Y7kGCPn
- MPLX: METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m
However, Coinbase emphasized that trading for these assets depends on securing market-making support and establishing sufficient technical infrastructure. Once these conditions are met, a separate announcement will confirm the trading start date.
"Transfers and trading of these or other assets will not be supported until officially listed. Depositing these assets to a Coinbase account before an official announcement could lead to permanent loss of funds," the exchange stated.
The market response was swift. BNKR, the official token of Bankr AI Agent, experienced a significant price increase of about 40.54%. The price rose from approximately $0.00037 to $0.00052.
At the time of writing, the token has lost some of its gains and is trading at $0.00046, which still represents a 29% increase over the past 24 hours.
MPLX increased by 12.08% from $0.149 to $0.167 but subsequently experienced a sharp decline. According to the latest market data, this altcoin is trading at $0.160, down 4.6% over the past day.
Lastly, JITOSOL, a liquidity staking derivative on the Solana blockchain, showed a slight 3% increase despite a brief dip. It is trading at $246 at the time of reporting.
The addition of BNKR, JITOSOL, and MPLX underwent Coinbase's rigorous review process, which evaluates assets against legal, compliance, and technical security standards. These assets join QCAD (QCAD), which has been on the roadmap for a long time.
Nevertheless, altcoins like Fartcoin (FARTCOIN), Subsquid (SQD), and Sky (SKY) were listed soon after being added to the roadmap. Therefore, the exchange may take a similar approach to these latest additions.
If listings continue, further price surges can be expected. Coinbase listings typically cause significant price increases due to the high exposure and liquidity accompanying such listings.
