Coinbase adds yet-to-be-launched Solana-based altcoin to listing roadmap

Cryptocurrency exchange Coinbase announced that it is adding a new Solana (SOL)-based altcoin to its listing roadmap ahead of the token launch.

presentation Coinbase announced that it is adding Tensor (TNSR) to its listing roadmap via social media platform X.

Coinbase’s listing roadmap is designed to provide users with reminders before listing cryptocurrency assets to prevent insider trading and increase transparency.

Tensor is the most popular non-fungible token (NFT) platform on Solana, and according to a recent announcement, it will be launching its own token next week. line At X in project.

TNSR tokens will be airdropped through the Jupiter (JUP) decentralized exchange (DEX) aggregator along with a “treasure chest” for Tensor protocol users.

According to analytics platform TIEXO, Tensor has regularly overtaken Solana-based NFT marketplace Magic Eden in terms of volume. As of this writing, Tensor has the highest number of unique wallets and the most newly created wallets in the last 24 hours.

Coinbase CEO Brian Armstrong has previously said that the exchange aims to list as many cryptocurrency assets as possible as long as they meet the company’s standards.

“Maybe your product has 3 stars or 5 stars, but if you start getting 1 stars consistently, it’s likely a scam or a defective product and Amazon may remove it. “Otherwise you want to let the market decide what these things are.”

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