SonicStrategy shared that the Sonic blockchain’s native token, $S, is set to be listed on Coinbase (COIN), one of the world’s most trusted and regulated cryptocurrency exchanges, as announced by Coinbase yesterday June 12th. Unlike conventional token listings for assets built on Ethereum or Solana, the inclusion of $S on Coinbase represents a full-stack integration of the Sonic network, a significant technical and strategic milestone. This integration opens the door to a new level of accessibility, legitimacy, and scalability for the Sonic ecosystem and all participants within it. he upcoming listing will enable Coinbase users to directly purchase $S using fiat currencies like USD and EUR, reducing barriers to entry and enhancing global liquidity. It also introduces the Sonic ecosystem to Coinbase’s robust infrastructure-used by the majority of U.S.-listed Bitcoin ETFs-along with the potential for future integrations across DeFi, staking, and perpetual trading products.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COIN:
- USDC Comes to Shopify, Coinbase Deal Could Boost SHOP Stock
- Coinbase price target raised to $259 from $216 at BofA
- Coinbase Launches First-Ever American Express Credit Card with 4% Bitcoin Cashback
- Coinbase Global: Hold Rating Amid Strategic Growth and Market Uncertainties
- Stablecoin transaction volumes hit $752B in May, FT reports