Coinbase, one of the leading cryptocurrency exchanges, has announced the addition of Reserve Rights (RSR) to its listing roadmap, signaling a strategic move to broaden its offerings.
This coincides with the exchange’s decision to list Definitive (EDGE), which has already sparked significant market activity.
Coinbase Adds RSR To Roadmap
Reserve Rights is an ERC-20 token native to the Reserve Protocol. The platform offers a permissionless decentralized framework for stablecoin development. It enables users to create yield-bearing, asset-backed, and overcollateralized stablecoins on the Ethereum (ETH) blockchain.
The addition of RSR to Coinbase’s listing roadmap has caught considerable attention, partly due to its association with Paul Atkins, President Donald Trump’s nominee for SEC Chair.
Atkins previously served as a crypto advisor for the Reserve Protocol. He is widely regarded as a crypto-friendly figure—standing in sharp contrast to his predecessor, Gary Gensler, who oversaw a stringent crackdown on the industry during his tenure.
Notably, the exchange’s move was celebrated by the platform.
“Great to see more opportunities for people to participate in the Reserve ecosystem,” Reserve Protocol posted on X (formerly Twitter).
Despite the development, RSR’s price has shown only modest movement.
According to the latest data, it was trading at $0.006. This reflected a 1.2% increase over the past 24 hours.
However, the token has gained strong community support. CoinMarketCap data showed a 91.6% bullish sentiment among users. This indicated increased user confidence in its potential.
EDGE Sees Triple-Digit Rally Post Coinbase Listing
While RSR’s price showed only small gains, the EDGE token’s reaction has been much more dramatic. Coinbase revealed via X that it would list the Definitive platform’s utility token, EDGE.
“Trading will begin later today if liquidity conditions are met. Once sufficient supply of this asset is established trading on our EDGE-USD trading pair will launch in phases. Support for EDGE may be restricted in some supported jurisdictions,” the announcement read.
Following this, EDGE saw its price surge by an impressive 120.6% to $0.091. Previously, a similar reaction was observed in Doginme (DOGINME) and Keyboard Cat (KEYCAT) after they secured a listing on the exchange.
EDGE’s listing, however, comes with an “Experimental” label. This is a designation Coinbase uses to indicate assets that may carry higher risk or volatility.
“The Experimental asset label will not impact your ability to send, receive, buy, sell and/or hold assets on Coinbase. However, we do ask you to read and confirm you understand the risks involved, such as price swings and canceled orders, before trading an experimental asset for the first time,” the blog reads.
As Coinbase continues diversifying its portfolio, the addition of RSR and EDGE highlights the growing acceptance of diverse blockchain projects. These listings may provide new opportunities for investors. However, the associated risks should be carefully considered.
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