Three Ethereum (ETH)-Based Altcoins Spring to Life After New Coinbase Listing Roadmap Additions

The renowned US-based cryptocurrency exchange platform Coinbase has just made an exciting announcement, revealing that three new Ethereum-based altcoins are set to be added to its listing roadmap. This strategic move is expected to spark significant rallies in the market.

Coinbase took to the popular social media platform X to share the news, stating that it will be adding AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) to its listing roadmap. These three assets are decentralized roll-up protocols, a decentralized finance network, and a gamified learning platform, respectively.

The exchange’s listing roadmap serves as a transparent guide to its future listings, aiming to prevent any front-running of new tokens. The inclusion of these three assets indicates that Coinbase is considering supporting them in the near future.

Following the announcement, the prices of AltLayer, Pendle, and Layer3 experienced significant movements. AltLayer, which focuses on enhancing scalability through restaked rollups, saw a 4% gain as its price surged from $0.0354 to $0.0395. Pendle, enabling trading and tokenization of yields, also witnessed a 1.2% gain as its price rose from $2.41 to $2.59. Meanwhile, Layer3, an interactive web3 education program, saw the most substantial increase with a 38.6% gain.

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Featured Image: Shutterstock/Philipp Tur/Sensvector