Coinbase Triggers Explosive Rally bakeng sa Ethereum-Based Altcoin As Exchange Tsebahatsa Tšehetso ea Thepa e Ncha ea Crypto.

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Labobeli, la 14 Phupjane, 2022, 6:05 PM

Coinbase Triggers Explosive Rally bakeng sa Ethereum-Based Altcoin As Exchange Tsebahatsa Tšehetso ea Thepa e Ncha ea Crypto.

One altcoin focused on privacy and scaling solutions is surging after being added to top US crypto exchange Coinbase’s roster of assets.

Phatlalatsong, Coinbase o re: Marlin (POND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met.

Marlin is a high-performance “layer-zero” blockchain network that’s geared toward delivering high-quality infrastructure for the decentralized web.

Calling itself “the unglamorous underbelly of the decentralized economy,” Marlin seeks to Fana ka solutions for scaling and user privacy.

The Marlin Foundry e fa basebelisi bokhoni ba ho sebelisa bandwidth le ho qala mefuta e mengata ea marang-rang.

News of the Coinbase listing sent Marlin jumping by 61% from $0.0073 to $0.011.

POND has corrected somewhat but remains up 11.4% on the day and priced at $0.010.

Next up is the privacy-focused Automata (ATA) which provides middleware for decentralized applications (DApps) in the Web 3.0 environment.

Ho latela morero websaeteng, Automata offers several products:

"Conveyor (MEV [Maximal Extractable Value) tharollo ea ho Bebofatsa), Paki (ts'ebeletso ea ho vouta eo u ka e khethang bakeng sa likopo tse arolelanoeng ka thoko) le Ralibuka (ho sa lateloe indexing)."

Balekane ba morero ba kenyelletsa Avalanche, Liner (ASTR) le khutlontsi (MATIC).

Automata is also surging, up by 38.4% from a day ago and currently trading for $0.18.

Also joining Coinbase is Mines of Dalarnia (DAR), a 2D blockchain-based video game where players dig into the earth to acquire resources that can be used for in-game upgrades.

Native token DAR has a variety of uses including in-game purchases, play-to-earn rewards, staking and governance.

Merafo ea Dalarnia is up 7.6% on the day and trading for $0.31.

Last on the list is the decentralized finance (DeFi) protocol StaFi (FIS) which aims to unlock the liquidity of staked crypto assets.

The project boasts over $25.5 million of staked assets, khiro the rToken which stands for reward-token to facilitate user rewards.

“When users stake PoS [proof-of-stake] tokens through StaFi, they will receive an equal amount of rToken in return. For example, rAtom represents staked Atom, while rXTZ represents staked XTZ. rToken allows users to receive staking rewards and access liquidity any time by trading rTokens directly. Users also have the right to redeem the corresponding amount of staked tokens at any time.”

Ka nako ea ho ngola, StaFi is in the green by 12.29% with a going rate of $0.35.

While SFI is off its Monday weekly low of $0.27, it has yet to recapture the high of $0.39 last touched on June 9th.

Featured Image: Shutterstock/YesVideo/INelson

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