The prices of two Solana (SOL)-based altcoins soared after Coinbase announced that they would soon be able to be traded on its platform.
Tuesday, America’s leading cryptocurrency exchange Added Shadow Token (SHDW) and Neon EVM (NEON) have been added to the listing roadmap, informing customers that the company may soon add support for certain assets.
Shadow Token is a cryptocurrency designed to ensure the sustainability and security of decentralized data storage infrastructure. It serves as the native token for the ShdwDrive network, a high-performance cloud storage platform.
SHDW, the 241st cryptocurrency asset by market capitalization, is trading at $2.11 at the time of this writing and is up over 53% in the last 24 hours. Crypto.com, an exchange headquartered in Singapore, also Release The Wednesday app supports SHDW trading.
Neon EVM is the Ethereum Virtual Machine (EVM) that allows developers to build and deploy DApps with Solana on the EVM chain. NEON serves as the project’s utility token for gas fees and governance.
NEON is trading at $1.70 at the time of this writing. The cryptocurrency asset, ranked 527th by market capitalization, rose 21.5% in the last 24 hours.
Coinbase has created a listing roadmap for 2022 to increase transparency and reduce the likelihood that investors will rush the announcement of new trading support.
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