Two Solana-Based Tokens Surge After Coinbase Announces Surprise Roadmap Listing

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

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

Shadow Token is a cryptocurrency designed for the sustainability and safety of decentralized information 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% prior to now 24 hours. The Singapore-based trade Crypto.com additionally rolled out buying and selling help 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 venture’s utility token for fuel 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% prior to now 24 hours.

Coinbase created its itemizing roadmap in 2022 to extend transparency and cut back the potential of traders front-running new buying and selling help bulletins.

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