Coinbase, the largest U.S. exchange by trading volume, has added three new altcoins to its listing roadmap, signaling an upcoming potential listing.
The tokens include BankrCoin (BNKR), Jito Staked SOL (JITOSOL), and Metaplex (MPLX). Notably, this announcement triggered price increases for all three, with BNKR seeing the largest double-digit surge.
Coinbase Adds BNKR, JITOSOL, and MPLX to Listing Roadmap
The exchange announced this decision in a recent post on X (formerly Twitter). The announcement included contract addresses for each asset:
- BNKR's Base network address: 0x22af33fe49fd1fa80c7149773dde5890d3c76f3b.
- JITOSOL: J1toso1uCk3RLmjorhTtrVwY9HJ7X8V9yYac6Y7kGCPn
- MPLX: METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m
However, Coinbase emphasized that trading for these assets still depends on ensuring market-making support and establishing sufficient technical infrastructure. When these conditions are met, the exchange will issue a separate announcement confirming the trading start date.
"Transfers and trading are not supported for these assets or any other assets until an official listing announcement. Depositing these assets into your Coinbase account before an official announcement may result in permanent loss," the exchange noted.
Meanwhile, the market quickly reacted to this news. BNKR, the official token of Bankr AI agent, experienced a significant price increase, rising approximately 40.54%. The price increased from around 0.00037 USD to 0.00052 USD.
However, at the time of writing, the token had reduced some of its gains to trade at 0.00046 USD. This still represents a 29% increase over the past 24 hours.
BNKR, JITOSOL, and MPLX after being added to Coinbase's roadmap. Source: TradingViewMPLX followed with a 12.08% increase from 0.149 USD to 0.167 USD. However, it subsequently dropped significantly. According to the latest market data, this altcoin is trading at 0.160 USD, down 4.6% over the past day.
Finally, JITOSOL, a liquid staking derivative on the Solana blockchain, increased slightly by 3% despite short-term drops. At the time of writing, it was trading at 246 USD.
The addition of BNKR, JITOSOL, and MPLX follows Coinbase's rigorous verification process, evaluating assets according to legal, compliance, and technical security standards. These assets join QCAD (QCAD), which has been on the roadmap for some time.
However, altcoins like Fartcoin (FARTCOIN), Subsquid (SQD), Sky (SKY), etc., were listed shortly after being added to the roadmap. Therefore, the exchange may apply a similar approach to these newest additions.
If a listing occurs, subsequent price increases would not be surprising. Coinbase listings are typically accompanied by significant price increases due to increased exposure and liquidity usually associated with these listings.
