Coinbase integrated significantly with the Solana blockchain. This move makes all Solana-based tokens instantly available for trading, immediately exposing these assets to Coinbase’s 100 million users.
The update removes the traditional listing process for Solana tokens. Tokens become accessible through the main Coinbase application if they possess sufficient on-chain liquidity on Solana’s decentralized exchanges (DEXs).
The new feature routes user orders directly through Solana DEXs while preserving the familiar Coinbase interface. This strategic shift positions Coinbase as a gateway to decentralized finance, moving away from its role as a gatekeeper of asset listings.
The company aims to blend the user experience of a centralized exchange with open on-chain accessibility. This structure grants new Solana projects immediate exposure to a massive user base from their inception.