By press time, SOL was trading at $47.14, surging 9.16% in the last 24 hours, with the market cap surpassing $12 billion. Between May 13 and May 20, SOL’s value surged 20.22%, with an all-time high of $53.84 on May 18. Through a statement, Coinbase noted that investors would start trading the asset from Monday 24th. However, the platform is already accepting inbound SOL transfers ahead of the trading. Coinbase Pro added that the pairs of SOL-USD, SOL-BTC, SOL-EUR, SOL-GBP, and SOL-USDT order books would be unveiled in three phases, including post-only, limit-only, and full trading. According to Coinbase Pro:
Coinbase Pro to list more assets
With the addition of SOL, Coinbase maintained that the platform is still exploring additional assets that meet listing criteria. However, SOL is not yet available on the main Coinbase.com platform alongside other consumer mobile apps. Solana’s underlying goal is to improve blockchain scalability by leveraging proof-of-stake consensus and proof-of-history. Solana protocol is a product of Solana Labs, with support from investors including Multicoin Capital, Slow Ventures, Foundation Capital, 500 Startups, and Abstract Ventures. [binance]
